They don’t put much stock into the government’s claims that the cap is
not intended to limit Canada’s oil and gas production.
“That’s semantics. To work, a cap would ultimately need to be severe
enough to curtail production if needed, and that would have significant
economic consequences,” Gullo and Argitis said, warning of a “direct and
immediate” loss of income for Canada’s economy.
Canadian Energy Centre. Dec. 7, 2030

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