Thank you very much for the question.
As I noted in the presentation, Canada has been a leader in building out wind, but we have tremendous untapped resources. We are really only scratching the surface of what is possible. In terms of what the federal government can do—and I'm speaking from an association perspective here—we feel that the federal government has laid in place some very important foundation measures. For example, the implementation of carbon pricing is something we think will continue to drive investment and innovation, particularly if carbon pricing continues to increase after 2022.
We've seen aggressive action, for example, on coal. The federal government is also considering putting in place standards for electricity emissions from natural gas and electricity generation. It will also be important to use those standards to send a signal that natural gas generation must continually improve performance going forward, from a greenhouse gas emissions perspective, to ensure it's consistent with Canada's long-term obligations. We are keen to see a standard that is essentially best in class today and continually pushing for improvement going forward.
Investments and interties, like the ones we're talking about today, are obviously very important in terms of providing that framework and structure, and the federal government has played a very important role. It has some limitations in what it can do, because electricity is a provincial jurisdiction, but I think it has moved very smartly in this area, for example, by serving a convenor function, to bring jurisdictions together to explore the options and to look at how we can move forward to reduce emissions.
There are a number of initiatives the federal government has taken, which it can build upon going forward, to ensure that renewable energy continues to grow in this country. For example, we have measures related to depreciation, accelerated capital cost allowance, that are in place, available in the renewable energy sector, and will be expiring in 2020. Given the commitment of the government to continue to reduce greenhouse gas emissions going forward, we think that's something that could be extended.
Fundamentally, Canada is in a strong position. If there is any country in the world that can move to a 100% non-emitting electricity system, it should be Canada. I think Canada has the opportunity to be a leader in this regard, and within the North American context as well. The federal government can play a good enabling and facilitating role in helping lead, and provincial governments will have an important role to play as well.