Bill C-30 (39th Parliament, 1st Session) committee  In the last five years, the gains that I talked about were on the back of the AP50 technology—

Bill C-30 (39th Parliament, 1st Session) committee  These were deep reductions of 20% energy efficiency in an industry that had been achieving 1% a year. This was a big pop. As for the longer term, if you're looking out to 2030, for example, we're going to have to have some technological breakthroughs, inert anodes or something,

Bill C-30 (39th Parliament, 1st Session) committee  It would probably be painfully expensive to achieve the same result under very tight pressure. As I said before, it's taken us 10 years to educate people on how to do this and put in the resources. So the sooner you start, the more you can do.

Bill C-30 (39th Parliament, 1st Session) committee  We're investing $300 million a year on R and D. By converging a number of technologies and investing another $550 million in this commercial-sized plant in Quebec on AP50, we're looking at 20% efficiency gains, elimination of PAHs and fluoride emissions, and a reduction of CO2.

Bill C-30 (39th Parliament, 1st Session) committee  I think it has to do with helping industry manage the risks of unproven technologies. I don't think you're necessarily talking about giveaways here, but more like partnerships between the public and private sectors. In other words, if there's a reasonable opportunity from carbon

Bill C-30 (39th Parliament, 1st Session) committee  Long term is very critical, because beyond 2030, if we don't have new technology, then we're going to be scratching our heads.

Bill C-30 (39th Parliament, 1st Session) committee  A number of U.S. companies have recently banded together under USCAP, the United States Climate Action Partnership, including GE, Alcoa, Duke Energy. Basically what they're saying is that we need a cap and trade system, we need regulation. I fundamentally believe that given the i

Bill C-30 (39th Parliament, 1st Session) committee  I mean the carbon market, whether it's domestic, whether it's North American, wherever. This is a question of competitiveness and economics for individual companies. It's too easy to say that if we met the Kyoto targets it would cost us $36 billion if we had to go get them in the

Bill C-30 (39th Parliament, 1st Session) committee  Let me be as clear as I can be. Nobody on this side, I think, is suggesting that the government should inject any funds into the market, but companies can make their own choices—

Bill C-30 (39th Parliament, 1st Session) committee  It's an unproven technology. There are pilot projects. I would steer you toward the Norwegian example. They probably lead in this area, and you'll get the parameters from them.

Bill C-30 (39th Parliament, 1st Session) committee  It doesn't make sense to me, because we have no ability to pass on the costs of either electricity or any uptake in oil and gas. For example, we have no economic margin here. We don't set the cost of aluminum on the market. It's set by the LME.

Bill C-30 (39th Parliament, 1st Session) committee  Yes, it's a fair comment, but we didn't do it to sell the stuff. If we had a cap and trade system and a domestic market that was liquid, we would basically be giving an incentive to our plant managers, who are very creative people, to go after additional greenhouse gas reductions

Bill C-30 (39th Parliament, 1st Session) committee  It is, unless we want the Europeans to eat our lunch.

Bill C-30 (39th Parliament, 1st Session) committee  I think I will make my comments in a non-partisan way. We need regulation. That's the first thing. Alcan's call is, give us a regulatory framework. It doesn't have to be the most intrusive, but it has to be a path on the road to an outcome. It took us 10 years to learn how to d

Bill C-30 (39th Parliament, 1st Session) committee  If I may, I don't believe in silver bullets. I don't even believe in aluminum bullets. What I do believe is that there's going to be a cost, and some pain, for everybody. That starts with consumers making the right choices and changing the way you design products and the way yo