Thank you very much for the question.
With our net-zero pathways project we looked at different pathways for achieving net zero. One thing you have to do whenever you're talking about decarbonization is to look at it sector by sector to figure out which technologies to use and when to apply them. It's very different for every industry and for different sectors in Canada. Everything is also hyperlocal. There are different opportunities to decarbonize in Alberta electrically than there are in Ontario. There are different options for carbon capture in Alberta than there are in Ontario or Quebec or Nova Scotia. It was a broad report that looked at opportunities across the country.
In terms of the agricultural sector, that's one we've had our eye on. There is a natural opportunity, as I think one of the other members of the committee was getting at, to involve agriculture in carbon markets. It's really just a question of how. With agriculture having biogenic sources of carbon, it can make it very difficult to audit and monitor in standards that are sought out and looked at in terms of industrial carbon markets.
There are opportunities there to create what we call “offset protocols” in order to recognize emissions reductions when you're reducing methane from cattle and things like that and having those rewarded by creating offset credits. There are just technical challenges in terms of the verifiability of the sources of emissions reductions that aren't there when you're talking about a carbon capture and storage project, for instance, where you have a flue stack coming out of a facility. It's much easier to recognize the difference between emissions at one end of the pipe versus the other end.
