The clean fuel regulation is a huge benefit. It will take time to come into effect. These regulations don't have an immediate effect. We anticipate that mid-decade is when we'll probably start to see incremental actions that go beyond current provincial actions in the CFR. It's very important.
The output-based pricing system is more intended to address fixed facilities. It's more of a facility-based one. The federal carbon charge is the other side of the OBPS and it's the one that applies to fuel, hence our recommendation that the Greenhouse Gas Pollution Pricing Act should align with international practice, which is to fully waive biofuels from a carbon charge.
Right now, anything that's above 10% of renewable content in gasoline or 5% in diesel is exempted. That's a lot of fuel under 10% for gasoline and 5% for diesel that's currently being taxed by the government. There's no reason to tax it. It's not best practice internationally. In fact, it's not even a common practice.