I certainly think the subsidies should be withdrawn from the industry. Concurrently with that, the applicable carbon price under the output-based system should be substantially increased. Then we will begin to see a decline in our production. We have the tools to do it.
The Supreme Court of Canada has said that the federal government has that power. There is no reason why the performance standard is set at such an absurdly high level that they pay a carbon price on a fraction of their emissions. That's just the upstream emissions.
We have the tools. Remove the subsidies, save for helping with transition of communities, and accept that this industry now has to go into a declining trajectory, however gentle that may be.
That's my answer to your question. Remove the subsidies.