Bill C-30 (39th Parliament, 1st Session) committee  I mentioned previously that in terms of cash cost per barrel we're in the $20 to $30 range.

Bill C-30 (39th Parliament, 1st Session) committee  Capital costs, I should also say, are under very severe upward pressure right now, which is the other limitation as to how aggressively that resource could be developed.

Bill C-30 (39th Parliament, 1st Session) committee  We just completed the largest ethanol production facility in Canada and commissioned it in June this past year. We're currently building our fourth wind farm. Suncor Energy, and that's the company I'm here today to represent, is creating Canada's energy future, and not just in th

Bill C-30 (39th Parliament, 1st Session) committee  This is where I think the national round table work on the wedge model, as it's come to be known, could be very valuable. I think what we could do is engage subject matter experts in each of those individual wedge areas and explore in detail what the barriers are to implement and

Bill C-30 (39th Parliament, 1st Session) committee  I'd like to reiterate a comment that I made earlier in my remarks, about needing all the tools in the tool basket. How aggressively we use each one of these tools is going to be something we have to be quite careful about, so we don't think any doors should be closed. We do supp

Bill C-30 (39th Parliament, 1st Session) committee  Well, I think the price signal does need to flow through to the end use of the product. If it's an attempt to try to shift behaviour or to change the behaviour of consumers, a price signal is likely going to be needed.

Bill C-30 (39th Parliament, 1st Session) committee  That's the ultimate challenge, isn't it? As I mentioned earlier, equitable distribution of effort is in the eyes of the beholder. I think it needs to be an approach that's comprehensive to the production and uses of energy. The national round table's work on energy 2050, to me, i

Bill C-30 (39th Parliament, 1st Session) committee  Yes, and just to reinforce that, I think we do have a significant dilemma in front of us. On the one hand, we want abundant, cheap energy. We get blasted, too, for high gasoline prices anytime they go up. And we also want a clean environment. To be honest, the only way to square

Bill C-30 (39th Parliament, 1st Session) committee  That's absolutely fundamental. If we impose a punitive target or a price on carbon that ends up being punitive, and shareholders aren't captive, they will simply exit the industry, which then hinders our ability to actually make the changes we're trying to make. It would definite

Bill C-30 (39th Parliament, 1st Session) committee  It was in 1987, yes.

Bill C-30 (39th Parliament, 1st Session) committee  It depends on whether you count full-time and contract workers. At any point in time, on our site, we'll have upwards of 10,000 workers in total.

Bill C-30 (39th Parliament, 1st Session) committee  They're from across Canada, from all regions. There are even international skilled trades workers on site as well.

Bill C-30 (39th Parliament, 1st Session) committee  Yes, there's substantial use of water flooding of conventional oil reservoirs as a way of improving efficiency of extraction. CO2 can be used as a substitute for water flooding, and we can get incremental conventional oil recovery as a result.

Bill C-30 (39th Parliament, 1st Session) committee  Because there's a revenue stream that's generated through CO2 injection into reservoirs of that type, it does tend to be quite attractive. But if we're trying to maximize CO2 recovery and avoidance of greenhouse gases in the atmosphere, we'd also be injecting CO2 into storage res

Bill C-30 (39th Parliament, 1st Session) committee  Yes, and we think there's an opportunity for innovation in new uses of CO2 as well that we just haven't really found yet, but that will happen once we have the CO2 supply available.