The province has been endowed with a tremendous hydroelectric resource. We're exporting five to almost six times the amount of clean hydroelectricity we consume. We are in discussions at an MOU stage with our friends in Quebec to add more to that. If we were an energy superpower, on a per capita basis we would be the fifth- or sixth-greatest energy producer, when you combine the hydroelectric endowment and the oil and gas endowment. That's if we were our own country. I have been keenly aware of that ever since I studied this back in 2005, 2006 and 2007 with our energy plan.
I think, though, the transition is to make sure that while this complex energy system goes through machinations and conversions.... Right now, we see a phase where all new energy coming to the fore, mostly renewable, is being taken up by new demand. It's a sticky hydrocarbon percentage, but inevitably it will decline. I just want to make sure that Canada's oil and gas—and particularly Newfoundland and Labrador's oil and gas—meets that need, because I believe it's going to be produced in the best way possible, by the most ingenious and capable people and with the best attention to safety and the environment. It's a mission, and that's going to happen over a generation or three.
I have a daughter who's 18. She's doing engineering, and she sees this complexity. That's her choice. She's also going to join the oil and gas business.
