Thank you.
I'd like to ask Professor Hoicka a straightforward question.
Since the Trudeau government signed its legally binding obligations at Paris, oil production has increased 25%. Now with TMX, we're going to see a much bigger increase, despite our global commitments. What we're told is that carbon capture will somehow make it possible to continually increase fossil fuel production, while decreasing emissions. It's the “drinking your way to sobriety” approach that the Liberals have taken.
Professor, you were one of the key signatories to a letter signed by 400 scientists and experts calling on Deputy Prime Minister Chrystia Freeland not to give huge subsidies to big oil industry for carbon capture because you said it was a failed technology. Can you explain what your concerns are?