I strongly disagree with both your statements.
First, it's important to take the time to read the report from the International Energy Agency, presented just before the Glasgow conference, or the report from the Intergovernmental Panel on Climate Change, or IPCC.
These two international organizations—which are made up of eminent people, it's safe to say—state that, in a scenario of limiting global warming to no more than 1.5°C, the planet will consume between 25 million and 35 million barrels of oil per day in 2050.
This is a significant reduction compared with today, when we are consuming approximately 100 million. There will therefore be a lot less oil. According to those two agencies, the oil we will be using at that time will no longer be in the form of commodities, but derivatives. This includes solvents or the production of asphalt, among other things. We will continue to use oil, even in a scenario in which we attempt to limit global warming to 1.5°C. Mr. Simard, you know as well as I do that low-carbon oil is not some fantasy or fabrication.
When I approved the Bay du Nord project, I was speaking to an oil sands company, telling them that a project that produces 10 times more greenhouse gas emissions per barrel, no matter how you calculate it, would not be acceptable in the context of the Canadian plan.
If you want to believe that emitting 10 times more greenhouse gases makes no difference to the atmosphere, then we are not on the same page.