Thank you very much. I appreciate the recognition of the very exciting announcement.
There were a number of factors. To be frank, we've had a very successful hydrogen production and pipeline network operation in the area for more than 15 years, so we have experience in executing projects there. We've had the support of various government authorities, as well as a very qualified workforce in the area, so quite frankly, we know it's a good place to do business. That's one thing.
The second thing is the ability to effectively capture and sequester the CO2, taking advantage of the Alberta carbon trunk line, the CO2 pipeline. Obviously it is very beneficial to carry out this project where you can take natural gas and capture over 95% of the CO2 to be sequestered, and then generate hydrogen-based electric power to offset the rest. Of course, this project, in addition to making zero-carbon hydrogen for our pipeline network, is also going to feed hydrogen into a liquid hydrogen plant that will make liquid hydrogen for the mobility market.
Finally, I must say that we were very excited to see the significant support coming from various levels of the Canadian government, including a number of officials who joined us on our announcement call last week.
That's a combination of factors that helped us make this the right decision for us.