The Province of Nova Scotia, like the federal government, has a target to achieve net-zero emissions by 2050. In order to achieve that target, we will have to decarbonize almost every energy use sector, including the ones we've talked about. We also have heavy transportation. We have trains. We have a significant marine sector in Nova Scotia, especially in the fishing and seafood sectors. Many of those larger commercial fishing vessels will be very difficult to decarbonize with batteries alone for a whole bunch of reasons that I won't get into right now. It's safe to say that we will need other forms of low-carbon energy. It could be hydrogen fuel cells. It could also be low-carbon liquid fuels that are derived from hydrogen, such as green methanol, which would be a very good option in a container ship or ferry. Those sectors will be important.
While we don't have a significant industrial base in Nova Scotia compared with some other parts of Canada, we do have some heavy industries here. They will also need to decarbonize. The energy applications that need to be decarbonized in Nova Scotia, the rest of Canada and globally are generally the same. The only difference is that Nova Scotia is a smaller province, so the magnitude is a little bit lower. In some ways, that makes Nova Scotia an attractive place to start. For example, we can develop a relatively small heavy-trucking hydrogen corridor and it doesn't have to cost a lot of money.
I want to come back to a point that Mr. Lakeman made about the defence sector. The defence sector is very important in Nova Scotia. It's home to the east coast navy. It will be home to the new Canada patrol submarines. Those submarines, when they're operating underwater in stealth mode, will operate on hydrogen fuel cells. Nova Scotia will have to start developing the hydrogen supply chain that will be required in the defence sector. That as well is an important opportunity here.
