Exactly. The real test of seriousness here would be a condition that the pipeline can't operate until the CCS project is operational and achieving a set mean capture rate. But I can't see the parties involved being comfortable with that, politically or financially, as it could take 10+ years.
A fundamental issue is that the Alberta elected executive (the technocratic prov govt is different) is operating with a different worldview on the necessity for action on climate change, & the future for demand for diff classes of O&G products.
In my experience, the discussion about future heavy oil and LNG demand is radically different outside of Canada, and that should give Canadians pause and concern. IEA projections get dismissed too often by people in positions of power and influence here, at our own peril.
Saudi Arabia sure appears to have given up on keeping the price of oil high and is now looking like they want to sell as much of it as they can while the price is still above their breakeven point. If I were a Canadian that would drive my energy investment decisions.
What are Carney's positions in the renewables-vs-oil conflicts?