Madam Speaker, I thank the member for those points and for his kind words about my work at the finance committee.
The geothermal regulations are found in a couple of places, primarily at subclause 104(1), on allowing the recovery equipment to be used in the process of both energy efficiency, meaning conserving energy, and producing energy. Geothermal has tremendous potential. A lot of reports the British Columbia Utilities Commission has issued, for instance, to B.C. Hydro have said to look at that potential. The potential is enormous.
People tend to think that it is kind of icy and geographically specific, such as in Reykjavik in Iceland, where there are geysers and it is clear that they get their energy from geothermal. However, geothermal is adaptable to almost every region of Canada. One could tap geothermal energy to warm a house in every part of Canada, certainly below the treeline. There is huge potential for the large-scale production of geothermal energy.
In the suite of renewable energy options, including solar, wind, hydro, geothermal, and tidal, Canada is abundant. When Stephen Harper used to talk about Canada as an energy superpower, that is where our superpowers lie: installing that equipment so that we never have to buy fuel again. Once we have solar capacity, once we have wind capacity, once we have geothermal, once we have tidal, we are not buying fuel to run energy-producing equipment. It is there for free. We just have to invest in it.