Mr. Evan Walker:

We work for the Government's economics and evaluation service. We thoroughly evaluate all proposals that come in. It was borne out quantitatively that this was a credible risk. Our job involves a dual mandate, namely, to maximise the captured windfall gain and minimise risk. It would be a different conversation if we were in here and an oil refinery closed during the middle of an energy security crisis. We would be asked why we did not take feedback on board.