Thank you, Mr. Chair. Thank you for your excellent work as our chair.
Mr. Nicholson, I'm sorry we didn't get to you earlier because so much of what you said is so interesting. I would have thought just a few years ago that offshore wind was a hypothetical. Could it work? Could it not work? However, we see these projects that are happening in the United States: the New Jersey project, which will power 700,000 homes; one off Martha's Vineyard, which will power 450,000 homes; one off Rhode Island, which will power 200,000 homes. These are staggering amounts of clean energy.
Where are we on the cusp of this transformative revolution? What's it going to mean for low costs, for clean energy and for being able to transform our economy?