Thank you for the question.
Yes, the Canadian average is hurting us. In its low-carbon fuel standard, California has determined that electricity generated from renewable sources like hydro has a zero carbon footprint. The same is true in Europe. In Canada, on the other hand, they determined that its carbon footprint is bigger, and that hurts us.
The construction of an Enerkem plant generates about 500 jobs. During its operation, which will last at least 25 years, we're talking about another 100 jobs. That represents an economic impact of $85 million in Quebec and Canada.
Our technology offers a way to energy transformation in Canada. You were discussing the oil industry earlier. We have a partnership with the oil industry, a strong partnership with Suncor. It's a perfect example of how industry sectors can be complementary: Suncor has the operating expertise, we have the innovation and research and development expertise. Together, we're able to deliver Canadian solutions that reduce greenhouse gases and create high-quality jobs.