Thank you, Mr. Chair.
Thank you to all of our witnesses today. Your testimony is fascinating, and I have a whole bunch of questions here for elaboration.
First of all, Mr. O'Connor, thank you very much for your presentation. The one thing that very much struck me was that you talked about the importance of reducing CO2 emissions sooner rather than waiting to reduce them up until 2030. When you consider life-cycle analysis of these transitions and the upfront CO2 emissions involved in the transition, how do those square with reducing emissions now versus by 2030?