The context around the Alberta MOU is that the deal promises not to implement the Trudeau-era oil and gas emissions cap. The cap came after oilsands producers put a more ambitious carbon capture proposal on the table than what's in the MOU deal today. At the time, they said they didn't need a cap.
Cenovus CEO signals fresh opposition to emissions cap | The NarwhalCenovus CEO Jon McKenzie says the Trudeau government’s climate plan would divide Canadians: ‘We don’t need a cap,’ he told The Narwhalthenarwhal.ca