Yes. Thanks for the opportunity.
I think, in terms of energy security, it's displacing fuel with renewables such as wind and solar, and maybe on the backside of that, looking at renewable fuels and biofuels, which have technical challenges in the north but I think more work can be done on that. What Shannon was referring to, in situ resource utilization—so, using local resources—is pretty important too. As Lynne mentioned, that does provide energy security.
Here in the Northwest Territories, I can give one excellent example. Fourteen kilometres south of Tuktoyaktuk, there is a well that we refer to colloquially as M-18. It is in the process of being developed through the Inuvialuit energy security project—I hope I got that correct. They are seeking to pull natural gas out of that well and chemically crack that gas into a synthetic diesel product, which would supply the region, essentially, for, I think, more than 20 years.
Ideally we would pipe natural gas to all the communities that Shannon referred to, but that is prohibitively expensive. Storing LNG or CNG is also prohibitively expensive. They've chosen to take the route of creating a liquid fuel from the gas. That will provide energy security, and we're also hoping that it will reduce costs considerably. Therefore, in situ resource utilization is an important concept.
