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Natural Resources committee  I'll just make a general comment on that. It is possible, technically, to produce hydrogen via electrolysis, whereby the electricity is generated from a zero-emission source. It's really an economic question more than a technical question at this point. There's a loss of efficien

October 24th, 2006Committee meeting

Marwan Masri

Natural Resources committee  Actually, it's not. I was speaking from my general experience using wind or solar to electrolysis, not nuclear. Nuclear is something we are proposing to look at as well in the oil sands as a source of hydrogen, steam, and electricity. It's a proposed project that we are putting t

October 24th, 2006Committee meeting

Marwan Masri

Natural Resources committee  I can only say that CERI is ready to do that type of research if we're asked to do it. It is the other side of the picture. We presented what we were asked to do, which was the economic impact of a certain amount of development. We say this is what it is, factually. That doesn't

October 24th, 2006Committee meeting

Marwan Masri

Natural Resources committee  Obviously, as I mentioned earlier, there's a direct impact of dollars--for example, that's how we did the sensitivities on the price of oil--and that directly translates into higher value of output and investment. Keep in mind that the economic injection into any economy, regardl

October 24th, 2006Committee meeting

Marwan Masri

Natural Resources committee  Yes, we can do that. Again, manufacturing and the financial sector would be the largest recipients of the economic stimulus. Gas utility would be one of the larger ones. Again, all 19 sectors experience some kind of economic stimulus, but to varying degrees, some more than others

October 24th, 2006Committee meeting

Marwan Masri

Natural Resources committee  I don't have that by province, but in terms of the types of industries beyond the oil and gas that will experience a positive impact, there would be what we call FIR: finance, insurance, and real estate. I have the information here. I can look it up.

October 24th, 2006Committee meeting

Marwan Masri

October 24th, 2006Committee meeting

Marwan Masri

Natural Resources committee  Yes, that's one of the largest, actually. Impacts would be on that sector. And I can quickly look up here the other sectors that would be positively impacted.

October 24th, 2006Committee meeting

Marwan Masri

Natural Resources committee  Specifically, we have 19 sectors that we traced the effect on, any increase in economic activity, really, whether it be from the oil sands or anywhere else.

October 24th, 2006Committee meeting

Marwan Masri

Natural Resources committee  Thank you. The research we do is really the research that is funded. We are non-profit, but we cover our costs of the research. This research was done, sponsored by a cross-section of different agencies and entities. We are capable and ready to do research on other aspects of th

October 24th, 2006Committee meeting

Marwan Masri

Natural Resources committee  It is funded by government and industry. We have the Alberta Department of Energy as one of the sponsors; Alberta Economic Development; the Alberta Energy Research Institute; Alberta Finance; Natural Resources Canada; Shell Canada Limited; Total Energy Services Ltd.; and the Cana

October 24th, 2006Committee meeting

Marwan Masri

Natural Resources committee  I'm sorry, I don't have it, but I will be happy to provide it.

October 24th, 2006Committee meeting

Marwan Masri

October 24th, 2006Committee meeting

Marwan Masri

Natural Resources committee  I would simply comment that slowing down the process would just shift the impacts into the future and spread them out over time. If that same development takes place over 30 years, then obviously all of the annual impacts would be spread further. The oil will be in the ground u

October 24th, 2006Committee meeting

Marwan Masri

Natural Resources committee  We don't make an assumption on that. We actually say “if...then.” We are saying if that oil is produced at this rate, these are the impacts. Whether the demand will be there to absorb it or not is a whole different question.

October 24th, 2006Committee meeting

Marwan Masri