Thank you, Mr. Chair.
It's so good this afternoon to get some good news about Canada's affordable, renewable clean energy sector and the growth potential for clean energy exports being growth industries in Canada.
There are two federal regulations that really come to mind when we're talking about biofuels and clean energy exports: the industrial carbon pricing and also Canada's clean fuel regulations, which really ensure a healthy market and ecosystem for the production and export of biofuels.
My first question is going to be mainly for Mr. Ghatala, because these regulations really focus in on reducing the carbon intensity of gasoline and diesel and increasing the demand for Canadian biofuels—ethanol, biodiesel, renewable diesel, sustainable aviation fuel, as was mentioned, biogas, etc.—and they also ensure access to export markets.
You mentioned in your opening statement the importance to canola farmers and agriculture. I think you mentioned 66,000 jobs in farming. We heard about the importance to the forestry industry as well. In Hamilton, we have an example of this, the Biox diesel plant, which is very supportive of the clean fuel regulations as part of their business plan.
I have three questions for you, Mr. Ghatala, and you can answer them in whatever order you wish: the importance of the Canadian clean fuel regulations to support the biofuels industry; the importance to Canadian agriculture and Canadian forestry; and also, the importance of industrial carbon pricing in terms of access to export markets.
Thank you.
