Thank you, Mr. Chair.
I want to follow up on what Mr. Danko said to you earlier, about wood pellets being manufactured in the Saguenay region and exported to Europe. The reason the company can export them to Europe is that Europe incentivizes that production. Businesses are encouraged to use that type of energy over fossil fuels.
What is astonishing is that we are moving in the opposite direction. The government has been dithering on the clean fuel regulations. Tax credits had been made available for clean technologies, but I saw that a cogeneration plant in my region, in Saint‑Félicien, was having trouble getting the tax credit. A cogeneration plant that produces electricity using bark is having trouble accessing that support.
We know that producing energy through cogeneration and energy from biomass costs more than producing fossil fuel energy.
Without an incentive, would it be hard to develop a market for such biomass products?
Please be clear and tell the committee what you think.