I'm sorry, Mr. Chair, I was busy with something very important. I was responding to my son.
I have a quick question for you, Ms. Yedlin. Earlier, you responded to a colleague's question about capping emissions, and that piqued my curiosity a little. So here's my question for you. Do you believe that an economy based on carbon-intensive energy sources is as competitive as an economy based on energy sources capable of reducing carbon intensity? I'd like to quickly get your thoughts on that. You'll see why.
You look confused, so let me clarify.
Industrial sectors that consume a lot of energy are currently looking for places where they can access low-carbon energy sources. Germany is one such country, and places that have aluminum smelters and various very heavy industrial processes. I gather those folks don't want to go to Alberta, where there's abundant oil available. If they don't want to go to places where there's carbon-intensive energy, there has to be a reason.
What I'm saying is, I think that, in the long term, we're doing a disservice to Alberta's economy by letting it rely solely on oil, because the demand for that kind of energy may drop one day.
They put $34 billion into a pipeline. Earlier, you said you didn't understand why there would be an emissions cap, since that wouldn't be in Alberta's interest. However, the interests of other parts of Canada, particularly Quebec, may not tie into carbon-intensive energy sources.