I don't think your characterization is accurate. We're in the middle of ongoing discussions. The MOU is clear that it is a package, and the proponent agrees that for the pipeline to move forward, the Pathways project would move forward. The carbon pricing formula that is being discussed between the federal government and the Alberta government would obviously be required to make the Pathways project economically viable.
I've said this before and I'll say it again: I would not bet against Canadian technology. In my career, having worked with many clean and conventional energy companies, I have watched how Canadian technology has systematically reduced the carbon footprint of our production. When I was at MEG Energy, I watched how new technologies reduced the carbon footprint of each barrel produced by 30%. As years go by, we will see more and more—
