Without a doubt, but there's an important point. I think they quite often view that these attributes of moving to lower forms of generation and markets is done purely for environmental reasons.
What we've seen is that one of the greatest attributes of low-emitting resources is that the variable cost of generation is almost nothing, the marginal costs. The fuel cost is zero compared to conventional resources. When we develop gas assets, for example, typically we look at the capital costs required, the O and M costs, but also the fuel costs. These three components go into the cost of the assets. For storage, as well as for renewable assets, that isn't the case.
The one thing I will note about the reference to Quebec is that historically Quebec made the decision to build far greater than its own needs its ability to produce power, specifically from an economic development standpoint, to export to the eastern seaboard, and it has been very successful in doing so. B.C. has done that as well.
Ontario is like many markets that historically built to Ontario's needs. We used to refer to it as the “fortressed Ontario” approach. Increasingly recognizing the modernization and the value attributes of a low-emitting system, we're now seeing a movement towards greater use of interties, with an ability to export those resources to markets like PJM, for example, that still have a big carbon footprint but represent the largest electrical market in the world.
From a trading standpoint, harnessing the value of what has been invested in for the last many years to access markets, similar to how Quebec has managed its electricity resources in the last many decades, is something many markets are now looking at.