Thank you, Mr. Chair.
I'd like to begin by welcoming all the witnesses and thanking them for being here with us today.
Mr. Chenet, I'd like to hear your opinion on the global race to a green economy or a transition economy. According to Bloomberg, global investments in the economic transition reached a record $1.67 trillion in 2023, up 17% from the previous year. That money is being invested in renewable energy, electrified transportation, hydrogen and carbon capture technologies. We are in an international competition.
Are you seeing the same thing financially? Is there real competition among countries to attract these investments?