Thank you, Chair.
I want to go back to Mr. Youngman and his opening remarks. I'm just going to read something quickly. It's in relation to an industry in my area—or across the country, actually.
You said, “Transition finance focuses on the dynamic process of becoming sustainable rather than providing a point-in-time assessment of what is already sustainable today. This inclusive approach creates room for financing to decarbonize the most polluting and hard-to-abate industries today."
What I'm concerned about to some extent, Mr. Youngman, is this. For example the Canadian Dairy Farmers were in Ottawa this week. They have reduced the carbon footprint of milk by 25% over the past 20 years. I guess my fear is that they're not going to receive credit for that.
Is that what your statement in your second paragraph is referring to somewhat?