To clarify, it sounds like the Chamber of Commerce's view on a carbon tax would be something that is North American, not just Canadian necessarily.
I appreciate your answer. It seems like that is the direction you're going with and I would agree. If it's something that we can do as North America, it would make more sense, but for us to do it on our own makes us uncompetitive. We're seeing that already.
For example, I met with an Alberta energy company. Just from the Alberta carbon tax, they'll go from a $60-million profit per year to a $200-million loss when it comes into full swing in 2018. It shows you the implications for Alberta. If we do something across Canada, it could be even more damaging.
I want to switch to Mr. Giraud now. Congratulations on having wood fibre approved in March. I think that's very exciting news for Canada. You talked about some of the economic impacts of having the LNG project approved.
I was doing a bit of research on the project. You talk about $86.5 million in tax revenues for the three different levels of government once the project is up and running and 650 full-time jobs during the construction. There are outstanding opportunities in terms of the economy.
From what I understand, if you have one GHD fired power plant replacing one 500 megawatt coal power plant, it's like taking 500 000 cars off the road. What would be the environmental impact of having LNG from B.C. marketing itself and finding an access to Asian markets, which are highly reliant upon coal-fired power plants? What would be the environmental impact once the LNG energy from wood fibre starts hitting the market?