That's the current policy, which is to put it lightly, very soft. To comply with COP standards, in the near future there will be a time where unabated emissions aren't accepted, likely policed through an economy wide price on carbon. If you're not factoring that into your medium term capital budget then you're not really a serious player in the space.
https://www.ief.org/news/abated-vs-unabated-emissions-why-they-matter-for-achieving-net-zero
Associated News, page-3407
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