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Natural Resources committee  From a regulatory standpoint, I agree with the comments that have been made. It takes a long time to get permitting and such. This energy transition is so much about building the infrastructure that goes in between the front-end generation primary sources of energy—like wind and

October 4th, 2023Committee meeting

Peter Tertzakian

Natural Resources committee  Simplistically, a production tax credit is when every time you produce a unit of something, you get a payment. For a kilowatt of solar power from a solar panel, the United States government will give you a payment of, say, seven cents for a kilowatt as it's produced. An investm

October 4th, 2023Committee meeting

Peter Tertzakian

Natural Resources committee  Thank you. There are a couple of things you've said that I want to respond to. First of all, I don't like to generalize overall that Canada doesn't attract investment because there is investment coming here. It's just that we need a lot more if we hope to get to 2050. We need

October 4th, 2023Committee meeting

Peter Tertzakian

Natural Resources committee  I wonder why we don't have all provinces participating in a unified, harmonized Canadian market, and we have to go to California. That doesn't make any sense to me as a Canadian. Again, are we funding Californian net-zero aspirations? I hope not, as a Canadian. With respect t

October 4th, 2023Committee meeting

Peter Tertzakian

Natural Resources committee  Thank you very much. I come back to the notion that simplicity is the ultimate sophistication here, and that has to apply to our energy policy landscape if we're to have any hope of attracting enough investment to achieve our net zero by 2050 ambitions. We need to be able to att

October 4th, 2023Committee meeting

Peter Tertzakian

Natural Resources committee  Density, complexity and opacity drive risk aversion and drive investment capital to jurisdictions where there's—

October 4th, 2023Committee meeting

Peter Tertzakian

Natural Resources committee  Thank you for the opportunity to present. I've been in the investment business, focused exclusively on energy, for almost 30 years. The lens I will present through is from the perspective of decision-makers who allocate investment capital, whether it's here or in the United State

October 4th, 2023Committee meeting

Peter Tertzakian