We are hearing across the sectors—and this might come across as all of us crying wolf—all the way from my colleagues in the refining sector.... A number of our members are refiners that make renewable fuels, but also hydrogen and renewable natural gas and biogas. I have spoken with my colleagues in those sectors over the last week, and there is, across the board, concern that the fiscal and financial provisions in IRA are so generous and there is such a magnitude that there are really very few scenarios in which you can see a Canadian producer competing, because American producers are allowed to keep the credits that are in those programs when they export fuel, but the programs, to date so far, exclude Canadian product. We're shut out of the American market by virtue of economics, and the Americans are allowed to load up our market with exported product.
We've discussed the potential for things like trade action. We can't wait until 2026 to resolve this. There is deep concern across the board about the provisions.