Indeed, as we're seeing the global economy pivot more and more to net zero and to being low carbon, we do consider it's an important part of attracting investment. Our most recent modelling shows that the industrial carbon price will bring between 52 megatonnes and 57 megatonnes of reductions in our GHG emissions in 2030. That's quite a sizable amount.
Also, a number of studies from third parties demonstrate the significant billions of dollars of investment related to the carbon price across Canada. I believe one of the numbers from the Canadian Climate Institute is that about 70 major decarbonization projects in place across the country, valued at about $57 billion, are benefiting from either credits from carbon pricing or deferred compliance costs.