Thank you, Mr. Chair.
To follow up with Mr. Mousseau on what he was just talking about, 80% of captured carbon is used for enhanced oil recovery. The only proven market for CCUS right now is enhanced oil recovery. I'm going to quote from the letter written by 400 academics and experts:
Effective solutions to achieve deep emission reductions in the next decade along a pathway to zero emissions are already at hand, including renewable energy, electrification and energy efficiency. Funding CCUS diverts resources from these proven, more cost effective solutions that are available on the timeframes required to mitigate climate change.
Despite decades of research, CCUS is neither economically sound nor proven at scale, with a terrible track record and limited potential to deliver significant, cost-effective emissions reductions.
I'm curious if you agree with those words.