Mr. Speaker, it is interesting when we talk about the expansion of the nuclear industry. Peace River is looking at a huge 4,000 megawatt plant. That is probably linked into the plans to develop transmission capacity in Alberta to Montana and on into the United States. Perhaps, if we look at it in a longer sense, what we would do is provide an opportunity in Alberta to develop nuclear energy, without the kind of safeguards and liability that the United States has, and then export that power to the United States.
In some sense, that project is still much in doubt. Saskatchewan has suggested that it would like to look at a nuclear reactor. I think what is driving this is its understanding now that clean coal with sequestration is an enormously expensive process, and it is going to get cold feet on that pretty quickly too.
The Conservative government threw a quarter of a billion dollars toward this project and the Saskatchewan government threw in $750 million. The industry has only put $300 million. They are going to produce a 100 megawatt clean coal sequestration plant in Saskatchewan. My goodness, that will never be cost effective. Therefore, perhaps they are going to the nuclear reactors because they do not see this is going to be, in the long term, a very attractive potential.
What we have not done is put it in context. If we do not do that, people will continue to propose projects and look at things in the short term, which may make no sense at all in the long term.