I can't speak to $1.3 billion. I would just love to have a small piece of that, quite frankly.
Some of those things are not economic. Carbon capture and storage is a vision that is going to take decades. No one yet knows how it's going to make money. That's a whole different situation. Canada is a leader, but a leader in something that is going to take a long time and be extremely expensive. This is the tip of the iceberg on what it is going to cost. That's my understanding of it.
In terms of these other things, industries do need signals—from regulators, government, the other stakeholders, and the public—that these things are important. By and large, having spent my whole life in the oil industry—although I was with IBM before I took on this project—I think industry will do the right thing, but there is a role in public policy to send those signals. If they are not happening, then regulation is the ultimate answer.
We obviously don't like to go there unless we have to. It's more of a sharing; everyone is going to get something here. Hundreds of millions of dollars of taxes and so on will come back. A lot of jobs will be created, and so on. It's fair for all stakeholders to put some skin in the game, so it's up to all stakeholders—our company, the industry, and the government—to sit down and say, “Okay, we want this to happen”, just as they did with the petrochemical industry created in Alberta years and years ago. For whatever reason, normal commerce does not necessarily make them happen.