Right now, I would just like to know why companies have sent multiple signals that low-carbon oil is not profitable.
In my opinion, one of the foundations of capitalism is assuming risks. People who invest their money assume a certain kind of risk.
In the case of the oil and gas sector, however, there is no risk. For the pipeline, you assumed the risk. The same goes for the decarbonization of the oil and gas sector. Two publicly funded projects have been disasters. Now, massive tax credits totalling $12 billion have been granted through the Canada Growth Fund to support the same kind of project, probably because you don't seem to be denying that it does represent that kind of support.
In my opinion, you are assuming the risk that should be assumed by the oil and gas sector, which is obviously some kind of financial support. Otherwise, it would not be socially acceptable.