Take the following as truth: A comprehensive legislative approach with mandatory caps could replace a good portion of the current regulatory requirements with a system that will reduce the administrative burden on industry and governments, use market-based approacHe's to lower compliance costs, reduce consumers' costs, and increase national energy security by providing the industry with more certainty about its future regulatory obligations.
Then the following statement: "A system could be introduced, which could reduce the administrative burden on industry." is true, false, or inconclusive?
Answer: True