Yes, we believe there's a market. There's a mandated market in Korea. The Koreans were ready to sign deals. We have been dealing with the two largest power companies in Korea for the last two and a half years, and they were ready to sign deals as long as we were competitive with any other facility in the world. Our advantage is our cost-effective natural gas. Our gas is cheaper than any gas anywhere on the planet, any major basin. We're one or two dollars less than the U.S. gulf coast, and we're five or six dollars less than Australia, the Middle East and any other competing region. Yes, we can be competitive.
If you're producing blue ammonia, you have to capture the CO2 and sequester it. We can do that very cost-effectively in Canada. It's fairly cheap for us because of the way our regulatory environment works. Technologically, it all works. Our big challenge was the fact that these facilities are designed to be built at tidewater. We were looking to build it in Alberta, so we had the rail challenge. What hurt us was the fact that we were inland, because that's where our petrochemical industry is based. The carbon levy and the technology were not risks as far as we were concerned. The carbon levy was a huge benefit to us, and it makes us competitive with the U.S. in terms of the Inflation Reduction Act. Our challenge was the rail. To us, it could be a very competitive industry.