To give you a sense of the impact of the cost on those firms, if you take New Zealand Steel, for example, their revenues were $937 million in the year 2019. Their allocation of units—so what we gave them—was valued at $44.6 million, assuming a $25 a tonne carbon price, which is roughly what it's floating at, at the moment, and has been for a while. Their exposure is the equivalent of 1.48 percent of their revenue. If we start the phase-out rate as outlined here, at 1 percent, that equates to 0.49 percent of revenue—so under one half of 1 percent of revenue—and the numbers are lower for aluminium, at 0.34 percent, and for Methanex it's 0.27 percent. So you can see that the impact of what we're suggesting, that 1 percent phase-out rate, is absolutely marginal. And when you consider other costs that they face—for example, fluctuations in currency or fluctuations in electricity price or the argument, of course, that the aluminium smelter constantly has about transmission pricing—those are many, many, many more times more material to this business. [Bell rung] Mr Chair?