Thank you, Mr. Chair.
A sincere thank you to the executives for coming into what's a difficult meeting and discussion that we're having.
I come to Ottawa from Guelph, where my youth have really charged me with not pointing fingers at other politicians and not pointing fingers to be confrontational, but trying to work on the problem of reducing emissions.
I really appreciate your framing in your discussion, Mr. Kruger, that “Profits and the planet are not mutually exclusive; they're mutually dependent,” but it seems from today's discussion that we're using two different measuring sticks. We're talking about emissions per barrel versus net emissions, but we need to reduce emissions as a country. If we're not getting those net reductions from oil and gas because we're increasing production, we have to find those savings somewhere else. We don't have any savings with the scale of oil and gas.
I think the technical challenge is how we decouple emissions from production. How do we reduce emissions faster than we're increasing production? Is that a fair read on the situation, Mr. Kruger?