Thank you for that.
My follow-up question, Mr. Chair, will probably bring me to the end of my time.
The UN International Energy Agency and I believe the IPCC “working group III” report both say that CCUS is essential to meeting global targets for greenhouse gases. That's my understanding. Yet, on the other hand, they do say that we do need to phase out the use of fossil fuels. I wonder if you would have a comment on that.
In terms of scaling up this technology globally, isn't technology transfer to China, to India, really where we need to go? Again, I take Mr. Mazier's point. We have some of the highest per capita emissions, but in the great scheme of things, our emissions as compared with China and India, of course, are not as large. We need to help those nations with technology transfer. Of course, the atmosphere is the commons, and we are experiencing the tragedy of the commons with increasing greenhouse gas emissions.