Mr. Speaker, this morning, the International Energy Agency issued its report on emissions in the oil and gas sector. If we want to meet the Paris targets then emissions in the fossil fuel sector need to be reduced by 60% by 2030. That is tomorrow.
They need to be reduced by 60% and Canada does not even have a plan to simply cap them. Canada, the fifth-largest oil producer in the world, will be one of the biggest culprits if the world misses these targets. Before heading off to COP28, will the minister present a regulatory framework to at least cap emissions from oil companies?