Thank you for that.
One of the attributes we often associate with disruptive technology is that it occurs quickly. All of a sudden it's there, it's visible, and we're now aware of it. Some of my remarks were to suggest that there's often a very long gestation for it. Our G-7 leaders have said we need to decarbonize global economies by 2100. That sounds like a long time away, but I would suggest that it's a very pragmatic and practical outlook for the time required to do this because there are so many profound changes to occur in infrastructure, in outlook, and in technologies before this can occur.
I again come back and believe that the solution to this requires using the phrase “many arrows in the quiver”. We need energy sources that are clean, safe, reliable, and affordable. A multitude of energy sources have strengths along those four attributes and some challenges. How do you find the pairing up of those sources to have that magic to make it viable at scale?
I, for one, believe that renewables and nuclear energy combined will be a big part of that answer, along with dramatic changes to grid technology. These require massive investments. They require big science and many companies aligned to make it happen. Canada is a relatively small country and is uniquely positioned with strengths in renewables and nuclear technology, and has the potential to be a world leader in this area.