Thank you, Mr. Chair. That's another great question.
I feel that we should be proud as Canadians that we have been a pioneer in carbon capture and a global leader in this space. Arguably, many of the leading experts in carbon capture are Canadian. We've seen multiple IEA and IPCC reports that state that carbon capture will be required to meet our global ambitions.
We believe our focus should be, first, on further developing this technology here in Canada to process it at lower costs, demonstrating first-hand the positive benefits it can have. It presents a great opportunity for Canada to share its experience in this space and benefit financially from sharing the knowledge and technology with international partners.