It's evident that the director of the WTO actually embraces the idea of these border carbon adjustments, but it's the membership of the WTO that has to get on board with this. Again, it comes down to how we get everybody on the same page. The comment about harmonization and alignment is so critical.
I think the WTO is going to have a role. The lady on the last panel, whose name I can't remember, talked about the devil being in the details.
The risk of these border adjustments being seen as a non-tariff trade barrier or as an unfair government subsidy is very real. Before implementing a policy, I think that knowing how you're going to adjudicate it is absolutely essential. It requires those international trade organizations to be on board.
It's a bit of a dog's breakfast.