That's a great question.
I'll say, on LNG, that we're finding something of a middle ground, and I would say it's been very important. We have great resources; we know that. We have a great market to get into, but for both B.C. and the federal government to say that we want to go to Asia, that we want this LNG and that we will allow it to proceed has been very helpful.
I think, obviously, that an interprovincial oil pipeline is the most contentious of the things that we're discussing. It's still very difficult. On the middle ground, make it clear.... We follow the duty to consult, section 35, in Canada, and adding UNDRIP on top of that has muddied the waters. I think that's very clear, but the courts have been pretty consistent in saying that we need it. We have a duty to consult and accommodate. It's not a veto. We don't require consent, but we will do our very best, operating in good faith as the Crown, to meet any of your objectives and to accommodate and mitigate the impacts on treaty and aboriginal rights. We know what it is, but sometimes it's still muddy, I think, in how we communicate that.
On the regulations, really, it's about certainty. Again, with ECCC.... I'd say there's very good rhetoric coming from the government, but ECCC is still doing things that seem to contradict both the MOU and the signals that were going to China and India. Saying that we're going to have another revamp of the OBPS and try to increase the price to match the headline price, undermining the markets that we already have, I think is very unhelpful.
The methane regulations...proposing regulations that are different, even the time frame, from what the MOU with Alberta just put forward. Clean fuel regulations.... Again, the regulations were put in two years ago, and they have already been shown to not be working, so now we have to make new amendments to those. It's so difficult, as you know, for the private sector to look at a case, make the business case and figure out what their return is going to be when the regulations are changing so much.
In this country, we desperately need consensus on energy policy. I think we're closer than we have been, but on the policy side, some of the policies that pre-existed the current government are still there as a fly in the ointment.
