Thank you very much, Madam Chair.
Thank you to all of the witnesses.
I'm going to start with Mr. Wilson.
Mr. Wilson, in your opening and again in response to Ms. Dhillon you mentioned important policies that we need to remain focused on, including the carbon price. You said on two occasions that it would be good for market and investment decisions, given that the carbon price serves as a lever to indicate to industry where they should and should not be putting their money, to actually prolong it and to have a projection about the carbon price and its future going all the way to 2040.
Can you just elaborate upon how the carbon price serves to incentivize industry to make decisions about clean investments?
Can you provide that answer in about 45 seconds? I have multiple questions.