Hon. David M. Wells: Thank you, Minister O’Regan. I will go to the second part of my earlier question. This is in relation to your duties as regional minister. Your cabinet colleague Associate Minister of Finance Boissonnault said the transition — the phasing out — of the oil industry will take $100 billion to $125 billion per year up to 2050, given that Canada’s carbon dioxide emissions represent only 1.5% of global emissions — 1.5. Essentially, if Canada disappeared from the map, there would be zero impact on global emissions. Where on earth does this expenditure make sense on any scale?