Mr. Speaker, I heard my colleague mention that it is time to act and that it is time to move forward. The really fast way to move forward is to start developing Newfoundland and Labrador's offshore oil and gas, which is already at tidewater and requires no pipelines. Of course, the emissions cap has us at a point of being about to develop our last project, which is Bay du Nord.
For companies such as Fermeuse Energy, which just announced a $15-billion LNG project, how can projects like that go ahead? Will Newfoundland and Labrador's natural gas be stranded under the ground and under the sea because of this emissions cap, or does the government intend to lift the cap so that projects such as Fermeuse Energy can go ahead and liquefy natural gas?