There is that risk if exploration companies decide and form the opinion that our legislative framework is too onerous, prescriptive and complicated. I hope that that is not the case. Certainly, it would not have my support or the support of the Government or anyone in the House if we felt that it was the case. There is a delicate balance to be struck between trying to protect the environment, maximising revenues and encouraging exploration for the benefit of mankind. They are all worthy things to do, and the Bill in its own way seeks to strike that careful balance. It is not an easy task to pull off, because if we go too far in one direction, we will upset something else. There is a balance to be struck between mankind exploiting for the benefit of us all the resources that are in the deep sea in the other parts of the world and protecting the environment that is down there. I sincerely hope that this Bill will receive its Third Reading and that when it reaches the other place, it will have a speedy passage. I wish it well.
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