Natural Resources committee  Factually, there are different intensities of carbon oils from around the world. Bitumen from Canada is not the highest, so just factually that's not correct. If China is going to enable their citizens to have better diets and they need energy from Canada or from Kazakstan or f

Natural Resources committee  You know, I think your question is very good. I wanted to be clear in my opening comments that our industry is committed to continuous improvement, we are committed to efficient climate policy, we are committed to being world class and we will continue to improve upon the work we

Natural Resources committee  I appreciate your point of view.

Natural Resources committee  I guess I'm reflecting on what we're seeing happen today, in that today we're seeing coal-fired power plants coming back online in Europe and new ones being built in Asia. I think that to get to our ultimate goals, which is the 1.5°C or less, it's going to take all of the tools t

Natural Resources committee  Committee member, I appreciate your point of view. We have been working on and implementing technologies for years. We have a long track record of lowering greenhouse gas emissions on our production across the board: oil sands, conventional and offshore. That's just on our produc

Natural Resources committee  Whatever policy we put in place needs to be efficient and work with the other policies that Canada has put in place to lower emissions, and it has to be done in the context of global realities. Canada plays a unique role.

Natural Resources committee  There are several ways to implement a cap. I think we would not want to limit Canada's ability to play a major role in global reductions, and our industry can have a role in that.

Natural Resources committee  To be absolutely clear, the largest reduction in Canada is phasing out coal.

Natural Resources committee  We can play a major role in doing that globally by increasing our production.

Natural Resources committee  I appreciate that.

Natural Resources committee  The International Energy Agency has several different scenarios. I referenced their base case, but they did put out several other scenarios. The one you reference is their net-zero—

Natural Resources committee  —scenario. Each of them uses different metrics in how they—

Natural Resources committee  Again, that is one of their scenarios where they have some very specific criteria that go into it. I think a question for this committee is, if global demand is going to increase, if people around the world are looking for better lives, should that energy be coming from coal or f

Natural Resources committee  Sure. I think that as global demand is increasing, Canada should be playing a larger role. There are demands around the world by people improving their lives and coming out of—

Natural Resources committee  I think we should be aspiring to play a larger role in global supply. That's inconsistent with government support, or non-support.