Thank you, Mr. Chair.
I want to thank the witnesses.
I'd like to start by asking Mr. Jaccard and Ms. Collins a question.
I must say that I was a little confused by your comments. I'm having some trouble understanding how we can reduce emissions without capping production. I want to understand your reasoning better.
In your view, when we say that we must reduce emissions from the oil and gas sector, it means that we must reduce emissions from producers. However, the gas and oil that they produce will be consumed afterwards, whether for transportation or for industrial processes, and that too will create GHGs. Without a cap on production, I don't see how we can reduce greenhouse gases.
Am I making sense or am I off the mark?