Thank you, Ms. Lapointe, for the question. That's a very thoughtful question. We should all be thinking, every day, about how to find this balance.
For me, I think I'm a median Canadian voter. I care about climate change but I also care about affordability. The Canadian public is extremely sensitive to price changes in energy costs. We've seen that in the polling and we've seen that with the carbon tax. We saw it in Europe. There are often political consequences when energy costs go up, so there's a high incentive to keep energy affordable.
How do we get out of this trilemma? I think technology is what has to fix this. People in most parts of the world, unless they are wealthy, will simply not pay more for energy. In many cases, they cannot afford to pay more for energy. That's why I'm quite hopeful that we can get carbon capture costs lower, especially nuclear. I think nuclear has a tremendous runway to get cheaper. If you like energy security, nuclear is great for electricity, but it can also provide industrial heat. That's something that most renewables would have a very hard time doing.
Again, I think there's a role for the federal government to invest in research and development and first-of-a-kinds and new technologies. We actually have a paper with the Transition Accelerator looking at a framework for smart ways of incentivizing this at a federal level and a policy level. That's coming out in the next couple of weeks.
These are great questions. I just want to end by saying that the Canadian public is extremely sensitive to energy price increases. If it isn't affordable to begin with, you won't get very far with your sustainability policies.