It should be looking at both. Blue hydrogen, obviously, is more cost-competitive and will likely be cost-competitive for at least another decade.
Having said that, when you look at the recent announcement by the Biden administration in the U.S., they're looking at green hydrogen at about $1.50 U.S. a kilogram within the next decade. That would out-compete blue hydrogen as it's currently costed in Canada.
I think there's a two-path track here. One is that where we do have natural gas processing assets and we have uses for natural gas that are near natural gas sources, we should be scaling up blue hydrogen, but also be looking at the long term. Western Australia, to give you an example, has a hydrogen minister, and they're looking at 100 gigawatts of production of clean hydrogen—that's green hydrogen—which already has contracts for sale in Japan right now. That's within the next 10 years. One hundred gigawatts is basically 100 site Cs. That's the scale of hydrogen that's coming on stream.
Germany has allocated $13 billion Canadian to its hydrogen strategy, Portugal $10 billion and France $7 billion. There is going to be an enormous competition for clean hydrogen.
Again, Canada does have an advantage in the short term because of our ability to produce blue hydrogen. Also, we have a lot of industries that actually use hydrogen, and it could be cleaned up. We have a very large fertilizer industry, a very large chemical industry, and we do also develop steel and cement.