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Natural Resources committee  I may not fully understand you. I think those are pretty separate questions. The Kyoto Protocol leaves lots of room for countries to figure out inside their borders how they want to regulate emissions. In fact, sometimes people's claims about how you need it made in Canada as op

December 7th, 2006Committee meeting

Dr. David Keith

Natural Resources committee  Yes. I'm a liberal university professor. I've talked to a bunch of CEOs of the biggest companies in Calgary, and it is clear that a bunch of Calgary companies are moving pieces around the table that are already making in some cases major investments today to prepare to operate

December 7th, 2006Committee meeting

Dr. David Keith

Natural Resources committee  For the record, I'm actually retrofitting my house in Calgary with one of the more serious passive solar systems of any house in Calgary, and in every case I've got a cost plus contractor for my personal house. I'm doing the exact numbers, comparing the real cost in dollars per t

December 7th, 2006Committee meeting

Dr. David Keith

Natural Resources committee  Solar thermal is much less expensive than PV, but it's not there yet.

December 7th, 2006Committee meeting

Dr. David Keith

Natural Resources committee  There have been reductions, but most of the reductions have happened for reasons other than policy, so whether there have big reductions below business as usual is at issue. For example, Britain has made substantial strides in reducing emissions, and those had very little to do w

December 7th, 2006Committee meeting

Dr. David Keith

Natural Resources committee  I completely agree. I think there is a lot of private money sitting there just about ready to commit to really pushing new energy innovations and putting new low emissions technologies in place, and they're waiting for a clear signal, like a tax. I'd say something about solar. I

December 7th, 2006Committee meeting

Dr. David Keith

Natural Resources committee  I'd say the serious alternatives for producing heat and hydrogen in the oil sands now are what we're doing now: natural gas straight combustion; and other heavier fuels, meaning coal, asphaltenes, or residuals. If you don't care about climate, you just burn it. Indeed, part of th

December 7th, 2006Committee meeting

Dr. David Keith

Natural Resources committee  And that's true for both. Just as there's a regulatory framework to get rid of nuclear waste, this regulatory framework would dispose of carbon dioxide. Both of those need to be clear in order for either technology to work.

December 7th, 2006Committee meeting

Dr. David Keith

Natural Resources committee  Coal is the major one. Hydro is not serious.

December 7th, 2006Committee meeting

Dr. David Keith

Natural Resources committee  I really share Angus's view that a shortage of energy is not our problem. It is important to take a historical view. We began to have serious conversations in Pittsburgh about running out of oil in 1880, about twenty years after the oil industry began. Consistently over the last

December 7th, 2006Committee meeting

Dr. David Keith

Natural Resources committee  I certainly do question the figures. I was just questioning them.

December 7th, 2006Committee meeting

Dr. David Keith

Natural Resources committee  Understood. And they had similar figures twenty and forty years ago.

December 7th, 2006Committee meeting

Dr. David Keith

Natural Resources committee  So you're convinced that we do, but in general, most people I know in the energy world are not convinced we have a crisis and are running out of energy. We have enormous reserves of various fuels and we have ways to turn one fuel into another. You ask how to heat our homes. If cl

December 7th, 2006Committee meeting

Dr. David Keith

Natural Resources committee  When I think about value-added and what our committee thought about value-added, the key thing is really to move our energy system up market. Canada has enormous resources, but in the long run I don't think we provide really productive jobs for Canadians by just pulling those res

December 7th, 2006Committee meeting

Dr. David Keith

Natural Resources committee  Thanks very much. Well, first of all, let me start with the comments about intensity-based regulation. I don't think that's the big issue. You could do a fine job solving the climate problem based on intensity. The issue is where you set the knob, how tightly you ask intensity t

December 7th, 2006Committee meeting

Dr. David Keith