I'd like to start by thanking the Environment Committee for considering this bill over a shorter period of time than normal. When referring the bill to the committee at the close of the first reading, I said that the shorter turn-round time was necessary so that a confidential reserve price can be put in place before the emissions trading scheme (ETS) units are auctioned for the first time on 17 March. By meeting this shorter time frame, the select committee played a very important role in building trust and integrity in the auctioning process, and for that I would like to thank them. I'd also like to thank those who took the time to submit their views on the bill, as well as the officials, both at the select committee and the Ministry for the Environment, who supported members in their consideration of what is, I acknowledge, a technical and complex piece of legislation. Finally, I'd like to thank members across the House for their contributions so far.