SIMON COURT: Thank you, Mr Chair. So we've got about 66 million credits locked up in forestry. Those businesses and industry—55 million, potentially—have hedged to protect their businesses against future price shocks, and if these auctions don't clear, then they may not have sufficient credits to pay for their future emissions. It's not up to a Government or an auction methodology or those who set the auction methodology to say when a business should sacrifice some or all of its credits. So that's why—