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Industry committee  I understand the veto of the northern gateway pipeline—

May 27th, 2021Committee meeting

Mark Carney

Industry committee  —given both environmental and commercial reasons.

May 27th, 2021Committee meeting

Mark Carney

Industry committee  You're finally getting to a point that is relevant to this committee's inquiry, which is what is the transition—

May 27th, 2021Committee meeting

Mark Carney

Industry committee  I think it's sensible. I wasn't involved in the decision, but I think it's the right decision.

May 27th, 2021Committee meeting

Mark Carney

Industry committee  Mr. Poilievre, there is a global energy system, and one of the issues.... I'm trying to explain a bit how the economy works.

May 27th, 2021Committee meeting

Mark Carney

Industry committee  Well, it may help. One of the issues for this committee in thinking about a sustainable transition is—

May 27th, 2021Committee meeting

Mark Carney

Industry committee  —where Canada's role is in those as energy transitions from fossil fuels to renewables. Different jurisdictions and different geography matter. This is a fundamental point.

May 27th, 2021Committee meeting

Mark Carney

Industry committee  Mr. Poilievre, I would remind you that you are a representative of the Canadian people. One of your responsibilities, including at this committee—

May 27th, 2021Committee meeting

Mark Carney

Industry committee  [Inaudible--Editor]

May 27th, 2021Committee meeting

Mark Carney

Industry committee  I focus on humanity, I spend lots of time—

May 27th, 2021Committee meeting

Mark Carney

Industry committee  —focused on humanity with [Inaudible—Editor]. I'm deeply concerned by the situation in—

May 27th, 2021Committee meeting

Mark Carney

Industry committee  Actually, I wouldn't mind, rather than having your characterization of what I do, being allowed to give the facts of what I do and what my responsibilities are. My responsibilities at Brookfield are to develop a transition fund that we think will be world-leading, which is to help companies around the world—

May 27th, 2021Committee meeting

Mark Carney

Industry committee  —reduce their greenhouse gas emissions and do so in an—

May 27th, 2021Committee meeting

Mark Carney

Industry committee  Thank you for the question. I think the first step is to recognize that the scale of the risk involved with climate change is real. It needs to be addressed, and I commend the government for recognizing both aspects of that. Second, it is being clear how it is going to be addressed and the speed with which it will be addressed—and not just net zero by 2050, which is the minimum required to stabilize the climate.

May 27th, 2021Committee meeting

Mark Carney

Industry committee  I'll make the commitment that we will not source materials that have the supply chain that you described.

May 27th, 2021Committee meeting

Mark Carney