Bill C-30 (39th Parliament, 1st Session) committee  As in many forms of analysis, the devil is in the details. I would not be able to respond until I understood more fully the assumptions that were underlying that. I would also premise that by saying access to the Kyoto mechanisms and purchase of international reductions would be absolutely essential as an element of a plan of that type, but of course the cost of these emission reduction credits through the CDM is quite uncertain going forward, and, again, the assumptions that would be at play would be critical.

Bill C-30 (39th Parliament, 1st Session) committee  We think you need as many tools in the tool box as possible. In fact, we'll need every tool at some stage of the game. What we believe, first and foremost, is that there is a need to advance new technology opportunities domestically, and it's one of the key reasons that CO2 capture and geological sequestration, to us, are front and centre.

Bill C-30 (39th Parliament, 1st Session) committee  The lead times are going to be quite significant to put in place the gas-gathering system that's required. We're looking at large-scale collection and gathering systems, and we're also going to need to put in place facilities within our plant operations to treat that CO2 in order to get the quality of CO2 necessary for injection.

Bill C-30 (39th Parliament, 1st Session) committee  The ideal, in our view, would be a parallel-path approach in which we would do both the CO2 capture infrastructure and the development of the resource.

Bill C-30 (39th Parliament, 1st Session) committee  We're keen on understanding what Shell is planning to do to achieve that target. I know they are spending a lot of effort on meeting that. It will involve significant purchases of reductions internationally. Again, we're not sure exactly what the cost of that could be. Our own preference, quite simply, and you'll see that as a company, has been to invest within Canada in the renewable energy area—in wind power development, biofuels development, and new technology—and we'd like to see that as the way forward.

Bill C-30 (39th Parliament, 1st Session) committee  Thank you, Mr. Chair, and thank you, members of the committee, for this opportunity to present some perspectives of Suncor Energy on the issues of climate change, clean air, and our energy future. I would like to begin by suggesting that we have a need to reframe the dialogue on the issue of climate change.