Natural Resources committee  We're spending right now $1.5 billion converting, in our oil sands mining sites, from using coke as a fuel source to provide heat and steam for our operations to natural gas. That's fuel switching, and it has a significant reduction in carbon emissions. In our in situ operations, the operations that drill wells and produce from reservoirs, we're spending several hundred million dollars right now on pilot work to look at introducing solvents as opposed to steam, again to dramatically reduce the carbon content.

Natural Resources committee  I think it's two things. It's good for business and it's the right thing to do. When those things can overlap, we are sufficiently incentivized to spend money to research and to pursue new business opportunities. We do think the decarbonization of our existing hydrocarbon business and looking for new alternate fuel sources, energy sources, is quite frankly just good business.

Natural Resources committee  You have the advantage of looking at documents that I haven't seen. I haven't—

Natural Resources committee  Can I finish my reply?

Natural Resources committee  I did work for Exxon for 31 years around the globe in production, operations and projects. I never worked in strategy or research. If you have questions about what Exxon knew and when, they're probably best addressed to Exxon.

Natural Resources committee  I'd reiterate that the last time I worked for Exxon was about 10 years ago, so your Exxon comments... If you want to talk about Exxon, I'm no longer the one to talk to about it. In terms of our industry—

Natural Resources committee  That's why I thought I came here today. I won't talk about active lawsuits.

Natural Resources committee  If I go to what I said earlier and what I think is important here, the importance of these issues—energy for people, for our quality of life, and doing it in such a way that's compatible with the long-term health and well-being of our climate—that's why we're here. That's why you're in your position, and it's why I'm in my position: to work together to address these critical issues.

Natural Resources committee  First of all, for others, you're referencing a Greenpeace complaint put in front of the Alberta Securities Commission—

Natural Resources committee  I think you're picking words. I would say that it's been a tragic year for those involved.

Natural Resources committee  I think there are two different things. When we talk about consumers, we're talking about retail or aviation. In the Pathways, we're talking about upstream competitiveness. Will Canadian oil and gas production be competitive? Oil and gas are in a global market in terms of where they come from and where they are consumed.

Natural Resources committee  When it comes to competitiveness, quite frankly, in the oil and gas world, Canada is a high-cost jurisdiction. We have naturally higher costs. That relates to where we are, the type of operations we conduct—

Natural Resources committee  I think it depends. That's one component of cost. When you look at whether it's more costly or not, it depends on all of the other components of cost. That's where we look at what we can do to offset increasing costs. Can we bring a greater efficiency, greater productivity or new technology into it?

Natural Resources committee  I think that's what we try to do each and every day. It's looking at how we run our operations more efficiently to try to be more competitive so that we can provide affordable, reliable fuels to Canadians nationwide and do it in such a way that, as a company, we can also run a profitable company.

Natural Resources committee  I'll go back to what I said earlier. I haven't studied up on the clean fuel regulations. I've come in, and we comply and provide fuels that meet the regulations. I could go back and forth with you, but I don't know if I'd give you clarity on the answer that you appear to be seeking.