Thank you very much for that question.
I just wanted to say a couple of things about CCUS because I think this is urgent and it's important.
I was one of the professors and academics who drafted that letter that was signed by 400 scientists and academics and presented to Minister Freeland in expressing concern about new funds, a new tax break, for CCUS. The reason we wrote that letter and drew attention to it is that we're concerned that CCUS is mostly being used for increased oil production. Eighty per cent of captured carbon is used for enhanced oil recovery, so it's about it being injected into underground oil reserves to boost up that production.
We need to see what the CCUS really is. It's mostly about boosting oil production. It's not about a climate solution. As I think you've all pointed out, these projects are extremely costly for the public, and given where we are in the climate crisis, we need all of those funds now for the transition, for the things that Mr. McGowan is pointing towards: proven cost-effective solutions that we know of right now, such as renewable energy, electrification and energy efficiency. CCUS is a diversion.