We want to continue to increase our current low-carbon fuels manufacturing capacity and take that to the consumers in Canada and in British Columbia.
Again, the IRA implies, because of the uncompetitive nature that we will be in, that we will not be able to compete against U.S. production once our facility is up and running. This is because the variable cost for U.S. producers to make those low-carbon fuels will be much lower than our cost to manufacture. Therefore, we won't be able to compete.
While we continue to advance our low-carbon fuel standards here in Canada, that supply has to come from somewhere, like the U.S. It can come from overseas, of course, but the U.S. today supplies most of the ethanol, biodiesel and renewable diesel that we consume here in Canada. That trend will only continue.
The hope is that by levelling the playing field, we can compete on a level playing field.