Thank you, Chair. Five minutes is not enough, but that's all I have.
I have just a very quick comment. I appreciate Mr. Jackson's comments on carbon credits. Some of the witnesses who have been before this committee, for example, Professor Boyd from UBC, Professor Mark Jaccard from Simon Fraser--I'm quite sure you're aware of them--Ms. Donnelly from the west coast.... There is a common theme that we've heard about carbon credits, and I'll just quote Mr. Jaccard:
Buying credits is an option often discussed but little understood, Mr. Jaccard said. “Buying international credits in a four-year timeframe is virtually impossible because you have to buy it from someone. Someone somewhere has to have done some greenhouse gas reductions and we have to be able to verify that they did that. That is really difficult,” he said.
So that was the theme, but I don't want to go down that path. We all basically need to reduce our greenhouse gas emissions, and this government is committed to doing that.
I want to ask Mr. Passmore questions about the cellulose ethanol. I had a tour of and was very impressed with the demonstration facility we have here in Ottawa, and I'm very optimistic that it is a technology that will help us to dramatically reduce greenhouse gas emissions and to provide cleaner fuels by using, basically, a waste stock.
You have these giant bales. You pulverize the straw, and then by adding an enzyme, you create alcohol, like in a big still. You then add gasoline to come up with 85% alcohol and 15% gasoline to create what is call ethanol E85. Am I understanding that correctly?
For the benefit, maybe, of the people who are watching today, and to understand how the technology works, what can you use for a stock? You are using straw at Iogen right now. What other type of stock can you use? Is it grasses, wood? What can you use to create ethanol?