Thank you, Mr. Speaker. Mr. Speaker, currently, the GNWT has a greenhouse gas grant fund for buildings, an industry that provides up to 25 percent grants to industry for greenhouse gas reduction projects. This fund is approximately 8 million until 2024. This could include support for retrofits of vehicles to make them less greenhouse grass initiatives.
Under the carbon tax system, industry not only pays an increased tax on fossil fuel use, but part of the carbon tax revenue goes into admittance special funds that can be used to support greenhouse gas reduction projects. Thank you, Mr. Speaker.