So when this bill was rushed into the House only a few weeks ago, it had the effect of creating a deep uncertainty and a concern amongst those organisations which rely on the emissions trading scheme so that they can buy New Zealand units and then hand them back to the Government in order to fulfil their climate emission obligations. They came to us. Many of them were only able to submit over Zoom because they couldn't travel to Wellington in the time frames that had been offered to them—just a few days to make submissions. Some of the people who offered their perspective have been involved in the design and establishment of emissions trading schemes going as far as back as the 1980s, when one of the submitters—who has worked at Victoria University developing better public policy—was one of the first people to propose an emissions trading scheme. When that submitter saw what was being proposed, they said, "Look, these minor tweaks aren't enough. They're not going to deliver the functioning emissions trading scheme that we need so that New Zealand businesses can make the right decisions." Other submitters said, "Look, we don't need a confidential reserve price at all. There is already a floor, there's already a ceiling, and, again, those rails aren't needed. What we need is the opportunity to be able to go outside the New Zealand market and offset our emissions in any way that works, that actually sequesters carbon and stores carbon. We shouldn't be limited by the artificial constraints."