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Natural Resources committee  It's a good question. Yes, in theory, as Professor Plourde said, climate change is a global problem. The only solutions that matter most are the global systems that we change with the production, transportation, and consumption systems. When it comes to getting into fights about

May 9th, 2016Committee meeting

Prof. Stewart Elgie

Natural Resources committee  Yes, case by case works, as long as there's honest, accurate accounting. The truth of it is that if we live in a world where there's pricing or stringent climate policy around the world, demand will drive us in that direction. This is where the beauty of a price system is. Rathe

May 9th, 2016Committee meeting

Prof. Stewart Elgie

Natural Resources committee  I agree with Dr. Plourde that environmental assessment is just one part of the regulatory formula and that it sets a low bar. You have to do that at least. It's the incentives we generate that are going to create the excellence we want. Having the minimum requirements is importan

May 9th, 2016Committee meeting

Prof. Stewart Elgie

Natural Resources committee  Can we resolve the aboriginal challenges in Canada? I think it is great that we are signing it. I think the reality is that first nations have enough power right now to impede, if not block, most new linear development if it is not in a way that ultimately benefits their interest

May 9th, 2016Committee meeting

Prof. Stewart Elgie

Natural Resources committee  You see prices like that in some places around the world right now that have viable competitive economies.

May 9th, 2016Committee meeting

Prof. Stewart Elgie

Natural Resources committee  I will be in big trouble at day care co-op as a single dad this week, if I'm not out of here in 10 minutes, so I'll stay for 10, but don't take it personally if I leave after that.

May 9th, 2016Committee meeting

Prof. Stewart Elgie

Natural Resources committee  I guess the two go together, right? Where should government be, and do you collaborate with the private sector? I think the opportunities for collaboration are greater now, in that most of the big oil and gas companies now agree on this vision for their future. You're not necess

May 9th, 2016Committee meeting

Prof. Stewart Elgie

Natural Resources committee  It's the overall cost on the envelope that matters, right? I mean, the change in the Canadian dollar in the last year has vastly reduced costs more than any carbon price would. I think the other way that I've heard oil and gas CEOs say this is that, compared to the amount of mone

May 9th, 2016Committee meeting

Prof. Stewart Elgie

Natural Resources committee  The other side of it, though, is that the environmental groups that stood on stage are equally getting attacked by the people at the fringe of their movement. There's a group of leaders who are trying to carve out a solution space in the heart of a very, very divisive, acrimoniou

May 9th, 2016Committee meeting

Prof. Stewart Elgie

Natural Resources committee  You're asking a lawyer and an economist about storytelling.

May 9th, 2016Committee meeting

Prof. Stewart Elgie

Natural Resources committee  In some ways, the Smart Prosperity initiative is about that. Part of this is probably about just telling a new narrative, about building a psychology of success in the country, about the things we are doing well and can do well. However, as you probably know, underlying any narra

May 9th, 2016Committee meeting

Prof. Stewart Elgie

Natural Resources committee  I would say that if you unpack the opposition to the pipelines, it's a mixture of local and regional site-specific concerns about the pipelines themselves and a concern about the environmental performance of the oil sands. It's very hard to unpack those two because, really, wheth

May 9th, 2016Committee meeting

Prof. Stewart Elgie

Natural Resources committee  I have two quick points. Most CEOs in the oil and gas industry want a carbon price, and the U.S. does look at the upstream impacts of oil and gas infrastructure development already in its environmental assessment process.

May 9th, 2016Committee meeting

Prof. Stewart Elgie

Natural Resources committee  That's an easy question, right? In the big picture sense, I think that the challenge for oil and gas is not that different from other industries, which is that we have to move from seeing environmental performance as a threat to competitiveness to an opportunity for competitiven

May 9th, 2016Committee meeting

Prof. Stewart Elgie

Natural Resources committee  Oh, yes, but a lot of that clean technology will be in the oil and gas industry. I think this is part of the challenge. We're having this debate as if there's the new, green economy, and the old, brown economy. It's actually a false debate. Innovation tends to happen around the

May 9th, 2016Committee meeting

Prof. Stewart Elgie