Mr. Speaker, the proponent for this project, assuming we have a commercial project, will be a joint venture between the Power Corporation, NTPC, and Sahdae Energy. Sahdae Energy is not a subsidiary of the Power Corporation, but rather a corporation created by the Tulita and Deline land corporations. Mr. Speaker, they would become the proponents if this is a viable project. Our interest as a government is in the promotion of this as a project and the creation of an environment where this is an alternative source of cleaner energy for our communities, as well as for industry.
Mr. Speaker, as I mentioned before, we are doing this partly for commercial reasons but also for environmental reasons. Mr. Speaker, as an example, 100 million litres of diesel fuel that is used in generating power from the diamond mines right now creates 283,000 tons of CO2 that is dumped somewhere in the North. We cannot continue to have that kind of development happening and pipelines doing the same things in the North and continue to have a good pristine environment that we are all proud of. As well as the commercial side, we, as a government, are interested in protecting this land that we have as well. Our role, as a government, once this is determined to be a viable, commercial project, is then to look at it simply as a business project that is managed and owned by the Power Corporation and Sahdae as a joint venture. Thank you, Mr. Speaker.