Thank you for providing me the opportunity to appear. I represent the largest business association in Newfoundland and Labrador. We have over 800 members in a province that has a very large and unique geography. It's an island and we have a remote access to Labrador. There are close to 30,000 kilometres of road in Newfoundland and Labrador. This province also is subject to some unique legislation like the Atlantic Accord. We already have over 90% of our energy coming from green sources, thanks to an abundance of hydroelectricity.
I want to speak to you about three topics: Bill C-69, the carbon tax and the pilot shortage. Each of these things, I think, has a unique impact on this province because of the things I have noted. With our large geography, everything has to float or fly to get to this province. We already have some regulatory arrangements with the Atlantic Accord and the Canada-Newfoundland and Labrador Offshore Petroleum Board, which also make us unique.
As for Bill C-69, we need to pause right now and get it right. There is too much uncertainty. It is very complicated and this is eroding both public and investor confidence. Newfoundland and Labrador's offshore is already a costly venture. We're about to go into some new territory, and now that we will be beyond the 200-mile limit, any offshore oil and gas project will be subject to UNCLOS, the United Nations Convention on the Law of the Sea.
Oil is a significant contributor to the economy of Newfoundland and Labrador. It's sometimes as low as 15% and it goes as high as 25% to 30%. We have a huge potential. We have a vision for our offshore to be producing 650,000 barrels a day by 2030. But this vision and this potential is threatened by the current uncertainty, the onerous consultation that the new Bill C-69 is putting in jeopardy. Right now the environment minister, under these new rules, will have the ability to interfere. We need to have a hands-off approach to allow the regulators like the C-NLOPB to do their work. All decisions must be made in the public interest, but we need to have strong regulatory environment with certainty so that any players in the offshore oil and gas sector know exactly what the terms and conditions are upon which they have approval.
When it comes to a carbon tax, Newfoundland and Labrador has a minuscule amount of greenhouse gas emissions. As I noted, we have 90% green energy. Yet everything that comes here either floats or flies, so we are particularly vulnerable. We agree that we need to do something about carbon emissions, but we feel that a carbon tax should be revenue neutral. Like a tax on cigarettes or alcohol, the behaviour must be taxed but there should be incentives or a tax decrease in other areas to offset the cost of the carbon tax. Any proposal that comes from a province to bring in the carbon tax must be revenue neutral, like the one the federal government is proposing.
The last topic that I would like to talk about which has been brought to us by our member companies is the pilot shortage. It's particularly acute in Newfoundland and Labrador where air access is critically important to get to some of our more remote locations, especially in Labrador. I'm sure the committee is very familiar with the worldwide shortage in pilots. Pilot training is very costly and we believe there are barriers to pilot training in the cost and the way that the grants and loans system works. There were also some concerns brought to us by our members with respect to new regulations on flight crews. We urge the committee to ask Transport Canada to enhance its consultation in that regard.
I also share the concerns of our witness from the Atlantic Provinces Trucking Association with respect to driver shortage. Again, Newfoundland and Labrador has two ways of getting all of its goods in. One is Marine Atlantic and the other is OceanEx. We rely heavily upon the trucking community to get fresh produce. We have about a three-day supply of fresh produce in Newfoundland and Labrador, so we are very vulnerable.
Thank you for the opportunity and I welcome any questions.