The key point around the cap is that it is a cap on emissions. In the framework document that the government put out, it acknowledged that there will continue to be, for some time, a global demand for oil and gas. The role of climate policy is to ensure that any such production that we can control—in other words, production in Canada—is done in a way that yields increasingly lower emissions over time, leading to net zero by 2050. That's what the cap will be designed to do.
