I wouldn't convince anyone to shift back. I would have an EV myself. I have nothing against EVs. I wouldn't mind having a Tesla as part of an assortment. No one is asking to shift back. There are people who still use fossil fuels, which, as you must know, make up about 81% of the globe's primary energy source. There's no way to displace what fossil fuels do in heating and in many transportation sectors today. We don't have the technology to displace what they provide in those sectors. It's about being realistic.
We often discuss it in terms of this trilemma of affordability, reliability and sustainability, but I always say that it's not a trilemma; it's a hierarchy. You have to have reliability and affordability before you can achieve sustainability. I think we've taken our eye off the affordability and reliability pieces.
We see what's happening in Prince Edward Island, where they all shifted to heat pumps when the government subsidized heat pumps, and now they don't have electricity. The utility is submitting emergency applications to build more natural gas-fired electricity, because they're not sure if they're going to have enough electricity for all of those heat pumps this winter.
It's about the government not doing top-down, heavy-handed things that inevitably come with unintended consequences. It's about making the right incentives in the market for people to choose what's best for them and have that consumer choice.
