The GHG options analysis methodology does just that. I listened in to some of the previous witnesses who were here, who spoke about both the emitted and the sequestered carbon in wood. This is a long and complex process with creating what is called an environmental product declaration for every type of material in construction.
It really depends on where that material is coming from. If a piece of steel or wood that's used in construction is coming from Quebec or coming from British Columbia, it will have a different environmental product declaration. Why? It's because transportation, and how it was sourced, all add to the carbon footprint.
The National Research Council plays an essential role in the creation of these environmental product declarations. This information is a critical component in the greenhouse gas options analysis methodology that is used, in addition to the $300 price that we put on carbon. When we start out doing the analysis of the best option when we're doing new construction and major renovation, the outcome of that analysis provides us with what is the lowest carbon emitting solution to do that project.