I'd like to start by talking about the annual review of Meridian Energy Ltd. Meridian told us that its passenger vehicle fleet is now fully electric and that it expects that all its fleet will be electric within the next two years. It is planning a carbon sink to mop up its carbon emissions. The company has an active commitment to their sustainability. Also, they spoke quite a bit about renewable energy generation. Meridian told us it had recently announced that construction would begin on the Harapaki Wind Farm, expected to cost around $395 million. It reported that renewable energy generation—wind, geothermal, and solar—is becoming cheaper and that it can replace older, fossil fuel - based generation. It did not see a problem with future supply, but would encourage policy makers to think about ensuring that demand continues to be stimulated. We also heard about the use of non-renewable generation, in terms of the just transition away from fossil fuels. We heard about the resource management framework.