Thank you.
Yes, I'd love some detail because stranded assets are a manufactured narrative. We're actually not stranding any assets. We're actually penalizing our assets here in Canada for the sake of foreign producers, because we don't see the reductions happening anywhere else around the world.
I'll remind you that greenhouse gas emissions are a worldwide problem. There are 280-plus plants being built to burn coal in Asia because we have penalized our natural gas producers by not allowing them to get LNG offshore to abate the consumption of coal. These are not subsidies. These are efforts that we need to be making to abate carbon production around the world, yet we seem to be standing in the way with all kinds of narratives around how we're subsidizing an industry that we're actually moving forward.
I'll point out that Canadian oil sands producers have reduced their carbon footprint by over 36% in the last 20 years. This is significant on a worldwide scale. If the rest of the world moved in this direction, we'd be much further ahead.
Let's talk about COP26, if we can, and the commitments we made there.