Thank you for the question.
It would certainly have an impact. It would drive up some of our costs. One of the things about the uranium mining industry in northern Saskatchewan is that we are a very low carbon emitter. A recent study from the University of Saskatchewan, which I think was released a couple of weeks ago, demonstrates that our emissions are very low. If you look at the life cycle of GHG emissions in the nuclear sector, you'll see that, not surprisingly, they are very low.
One of the areas where we do have a particular interest is the impact we have on global climate change. As I am sure committee members are aware, climate change is an atmospheric challenge. It doesn't really matter where the emission reductions are taken, the impact is the same. As I said, with chemical uranium, about 2.5 billion tonnes of carbon are taken out of the atmosphere every year from electricity generation, if that electricity is generated from nuclear and not using fossil fuels. We are obviously interested in the global impact we have, and whether that may be taken into account as the federal government is looking to work with the provinces on their climate change strategy. What does that look like? Is there any opportunity for us to garner some credit for the impact we have globally?