What's happened in the U.S. is that prices were going down for many years, and now everybody is calling and trying to build. There's a lot of demand, and it's hard to respond to the demand due to the supply chain. Clearly, the longer we wait, the more we are the tail of this supply chain and the more we will pay, unless we have a clear strategy, and that's what I'm talking about here. We need a real strategy in Canada to make sure we can provide this transformation.
Let me tell you that in Quebec today, Hydro-Québec is obliged to say no to consumers who want to decarbonize because it doesn't have the capacity. We're dreaming if we say, “Well, it will not happen.” People on the ground—the citizens, the industry—want to decarbonize, and they're knocking at the doors of utilities who all say, “We have not made the plans to invest.”
The problem will be the pressure from the bottom, under politicians, under governments, who will say, “We have not planned. Where were you?” The issue is that if we don't move, there will be problems coming up from the citizens, and we already see those on the ground. We're not dreaming or making up something that is being pushed by a few academics here.