It's a really important question, because regulations are a critical part of that mixture of push and pull factors. Regulations create a very strong incentive and also demand for clean technologies.
I'll give one concrete example, since I recognize that we have the limited time.
One example is the forthcoming clean fuel regulations. These will create a strong incentive to bring forward clean technologies and low-carbon fuels across the life cycle, including large-scale projects in the upstream of oil and gas, for example, as well as low-carbon fuels and shifting end-use technologies.
I'll give one very concrete example. Federated Co-operatives Limited and their announcement to invest $1 billion in a renewable diesel plant is explicitly the result of this strong demand that is coming from the regulatory framework in this context. We know this works in conjunction with investments.
For example, NRCan's clean fuels fund ensures that there is significant support and de-risks investment in these technologies, and the regulatory framework has created a strong incentive and demand for these technologies. In this case, across the life cycle, carbon pricing provides a similar signal; it's technology agnostic and it's sending signals across the economy. Depending on the price point, it creates a strong incentive and levels the playing field for the clean technologies.
I'm happy to follow up with some other concrete examples.