Dr. Kelly de Bruin:

We have not considered that part of the analysis in our current work; we have just considered the initial carbon tax that is levied and then passed on to consumers. It is a very interesting aspect. Professor Barrett also referred to the revenue recycling. These are all elements that are very important. It is important to find a way to provide a carbon tax that provides the incentives but does not hurt the most vulnerable in the economy. It is something that we will look into to a certain degree but we not done so yet.