Thank you, Mr. Chair.
Thank you to all the witnesses and experts who joined us today. It's a big group, and so far it's been cruising along pretty well. Actually, I'm pretty impressed with how many folks we're managing to hear from today, so thank you very much for your contributions.
My first question will be for Mr. DeMarco. The 2021 ERP clearly shows that, if other sectors exceed their 2030 targets in the emissions reduction plan, we still might miss our targets if emissions from the oil and gas sector continue to increase. I have a couple of questions with respect to the balance between emissions from electricity production, which you said—and correct me if I'm wrong—are coming closer to meeting their targets, and other sectors such as transportation.
The question I would like to pose is whether or not you think it's likely that emissions from the oil and gas sector, as well as electricity production and transportation, will possibly decline in the absence of any regulation or emissions cap for the oil and gas sector. I suppose the question with respect to electricity applies only to provinces that use fossil fuels to produce electricity, but that's the first half of my question to you.