Joel Jackson: Okay. I have a question, a little different on €“ the announcement you made last week or I think this week on the BP gas arrangement. And this is a little bit out of my comfort area, but I’m going to try. Can you €“ with that arrangement with BP. So are you €“ it’s a two-part question. Are you paying a premium for this gas? And then how exactly is BP going to supply 90% lower carbon intensity gas? Is BP investing in financial offsets? That’s netting against the actual carbon intensity, the physical gas supply €“ going on?
Tony Will: Yeah. So Chris, I’m happy to give you a little bit of background on this, and then I’ll invite others to jump in here as we go. But basically, or Joel €“ yeah, sorry. Basically, there are typically involved when you’re doing E&P some fugitive methane emissions that you get slipped in terms of both around the wellhead, as well as in the transportation and pipeline system. And BP has developed and has implemented and invested in some technologies and approaches to dramatically reduce the amount of methane emission slip at those sources. And Nathan, as you know, is a very potent greenhouse gas. And so by them investing to reduce the amount of fugitive emissions that has a pretty dramatic impact on our Scope 3 emissions.
Because they’re investing in reducing their emissions profile, there is a premium on the gas, but it is really small. It’s de minimis. And so this is a way that we can go after another piece of our emissions profile, do it in a very cost-effective way and do it in a way that’s good for the environment. And so we’re excited about this partnership and continuing to move forward with it.
Bert Frost: Yeah. And I think the only thing I would add in this particular case, these are verified credits as well, and it’s something that is a legitimate in reducing our Scope 3.
Operator: Okay. We are going to continue with a question from Adam Samuelson from Goldman Sachs. Adam, please go ahead.
Adam Samuelson: Yes. Thank you, good morning, everyone.
Tony Will: Good morning.
Adam Samuelson: Morning. So maybe another question on some of the clean energy type investments that you’ve been pursuing? And to date, I mean, these are largely confined to the US Gulf, the Donaldsonville plant and kind of the potential new plant with €“ with Mitsui. Can you talk about maybe things you’re evaluating or considering at the rest of your North American plant network related to carbon capture, just 45Q at Verdigris or Port Neal become viable Medicine Hat obviously, it’s in Canada, but different kind of opportunities that might be available north of the border? And how those would fit into the portfolio of clean energy and ammonia hydrogen kind of opportunities?
Tony Will: You bet, Adam. So one of the places that we have a significant amount of CO2 that’s currently being vented, and it’s partly because what we’re primarily producing there is ammonium nitrate is our Yazoo City facility. So there’s a lot of CO2, we end up venting and we are in active discussions about finding solutions from a transportation and sequestration options there. That was one of the two initial ones that we highlighted when we announced kind of our movement into Clean Energy and de-carbonization. And as you pointed out, in Medicine Hat, the City of Medicine Hat has been granted the rights to the poor space in that area. And so we’re in active discussions with them about developing a sequestration option. And that’s — it’s a different kind of benefit for us on like the 45Q here in the US.
