I have said publicly on numerous occasions that studies by the Intergovernmental Panel on Climate Change and the International Energy Agency show that we are going from a world where we currently consume about 100 million barrels of oil a day to a net-zero world where we will consume about 25 million barrels a day in 2050. So there will be a significant reduction in the consumption of fossil fuels and, as a result, in the production of hydrocarbons. We need to prepare for that transition, and that's what our government is working on.
On December 14th, 2023. See this statement in context.