It's a broad question, Mr. Chair, but I'll try to answer it as best I can.
I appreciate the member's concern about the oil and gas sector. If you look at the overall picture of emissions in Canada, a quarter of them come from transportation, a quarter from homes and buildings, and the rest are divided among the various industrial sectors. The oil and gas sector is certainly the major contributor to these emissions.
The government has put a lot of effort into supporting all industrial sectors, including the oil and gas sector, by setting emission targets and limits, but also technologies to help these sectors meet these targets. Carbon capture, utilization and storage, or CCUS, is one of these technologies. As my colleague mentioned earlier, this cross-cutting technology applies to a number of industrial sectors, including steel and cement, but also oil and gas, which intends to make extensive use of it. When representatives of these sectors appear before the committee, they will be able to talk about their plans in more detail.
The International Energy Agency forecasts that oil production will eventually peak and decline, but there will always be oil and gas production in the world, if only for non-combustion needs, whether for plastics, lubricants and so on. That market will exist, but Canada's ambition is to aim for low-carbon production.