The Financial Post reports in its Saturday edition that the Calgary Chamber of Commerce has warned Ottawa that its proposed limit on emissions from the oil and gas sector could harm the value and sale of the Trans Mountain pipeline. A Canadian Press dispatch to the Post reports that the Chamber made the argument Wednesday urging Ottawa to reconsider proceeding with the promised cap, which the government has said it intends to finalize in mid-2024. The Chamber says, "If there is a risk that TMX might not be able to rely on a steady and predictable flow of oil from the oil sands production, it will result in a lower valuation by investors and a lower price received when the asset is sold." Ottawa published its regulatory framework for a proposed cap on emissions from the oil and gas sector last year and the industry has been fighting against it. The government has said that under its proposed plan, the oil and gas industry will have to cut emissions by more than one-third by 2030 or buy offset credits. It has said the cap is meant to cap pollution, not production, but the industry has warned the cap will have "unintended consequences" -- scaring away investment and potentially causing companies to curtail output.