Commentary Nobody can claim that they didn’t see it coming. Putting a hard cap on emissions from Canadian oil and gas production was a plank in Justin Trudeau’s election platform this year and he is following through with it. It sent chills through the Canadian petrochemical industry nonetheless when Trudeau formally committed to an emissions cap for the oil and gas sector during an impassioned speech at the COP26 conference in Glasgow on Nov. 1. The cost of this commitment for Canada is going to be dire. Trudeau’s pledge was bold as he stated, “We’ll cap oil and gas sector emissions today and ensure they decrease tomorrow at a pace and scale needed to reach net-zero by 2050.” We know what Trudeau wants to do but we still don’t exactly know how he’s going to do it. When he says he wants to cap emissions today, does that mean the …