Thank you for the question.
Yes, we do indeed track the cost per tonne, and a number of different methodologies are used to assess cost per tonne. You can take the cost of the program and simply divide it by the emission reductions, the tonnes. You can take the cost of the program to the government and to the user and develop it that way. The method we prefer is one in which you discount the tonnes. That is, you treat it like a financial statement, like a net present value, and you discount the value of the tonnes over time.
I don't have a cost-per-tonne analysis for you here, but you can look at publicly available information and run a cost-per-tonne analysis yourself. Or, as we continue our own internal analysis, we would be happy to come back and share that information.
