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Bill C-30 (39th Parliament, 1st Session) committee There are maybe two answers to your question. First, the companies that are involved in ICON certainly are not all just pursuing carbon capture and storage alone. All of us are very interested in our own energy costs, so we're working on energy conservation and on new technology
February 27th, 2007Committee meeting
Stephen Kaufman
Bill C-30 (39th Parliament, 1st Session) committee Thank you for the question. On some of the specific challenges in developing Bill C-30 into regulations, the government has asked for responses on it, and we provided a letter to the Minister of the Environment in December regarding the new Clean Air Act. It outlines some of the
February 27th, 2007Committee meeting
Stephen Kaufman
Bill C-30 (39th Parliament, 1st Session) committee Our view is that the entire system for carbon capture and storage, which we call ICON, is not commercial right now. We believe that both the federal and provincial governments, along with industrial companies that would use the system, need to collaborate on having it built. On
February 27th, 2007Committee meeting
Stephen Kaufman
Bill C-30 (39th Parliament, 1st Session) committee We're talking about both governments, and we have had ongoing discussions with both the federal government and the provincial government in Alberta on this subject.
February 27th, 2007Committee meeting
Stephen Kaufman
Bill C-30 (39th Parliament, 1st Session) committee It's an excellent question. In theory, going at some of the existing facilities could conceivably be cheaper, because we have some hydrogen production areas where we have relatively pure CO2, and you may have heard that capturing CO2 from hydrogen plants already there is easy t
February 27th, 2007Committee meeting
Stephen Kaufman
Bill C-30 (39th Parliament, 1st Session) committee We haven't done that assessment, so I can't answer that question.
February 27th, 2007Committee meeting
Stephen Kaufman
Bill C-30 (39th Parliament, 1st Session) committee No, I haven't looked at all the companies recently.
February 27th, 2007Committee meeting
Stephen Kaufman
Bill C-30 (39th Parliament, 1st Session) committee In answer to the second part of your question, we believe companies should be given the opportunity to comply with whatever mechanisms they choose. For some companies carbon capture and storage may be the right approach; for other companies they may be able to achieve compliance
February 27th, 2007Committee meeting
Stephen Kaufman
Bill C-30 (39th Parliament, 1st Session) committee Thank you, Mr. Chairman. Good morning, honourable members, and thank you for the opportunity that you've given Mr. Wishart Robson, from Nexen, and myself, to speak to the community on behalf of the ICON Group. Since this is a complicated subject and my French isn't very good, my
February 27th, 2007Committee meeting
Stephen Kaufman
Natural Resources committee That would be a signal, obviously, but the signalling that we're looking for is a positive step forward, suggesting that the governments are willing to collaborate and work with us to develop the right kinds of policies that will allow for carbon capture and storage to be deploye
December 12th, 2006Committee meeting
Stephen Kaufman
Natural Resources committee Thank you for the question. With respect to carbon capture and storage not being mandated, our view is that companies need to be allowed to choose their approach to meeting climate change reduction obligations. For some companies, carbon capture and storage may be the sensible a
December 12th, 2006Committee meeting
Stephen Kaufman
Natural Resources committee That's a very valid question, and I appreciate it. I think the key thing to remember is that it's a question of scale. If Canada wants to make significant reductions in its emission levels, many of those alternatives that you talk about are going to be very valid ones. The whole
December 12th, 2006Committee meeting
Stephen Kaufman
Natural Resources committee Yes, and it's not just the targets, the entire set of rules and regulations is needed, including emission reduction targets, availability of credits, availability of rules around storage, monitoring for the storage, and the transactional activity that would take place around carb
December 12th, 2006Committee meeting
Stephen Kaufman
Natural Resources committee Thank you for the question. The reality is as you described it: the technology is not what I would quite call mature. There is ready technology available today that can be used and deployed in carbon capture and storage and in the pipelines, but it is not as mature or as well un
December 12th, 2006Committee meeting
Stephen Kaufman
Natural Resources committee I think the important thing to remember is that Canada, in the current situation, is emitting 700 million tonnes of carbon dioxide per year. As indicated by Dr. Layzell, in our industry, in the upstream oil sands production industry, it's in the order of magnitude of 25 million t
December 12th, 2006Committee meeting
Stephen Kaufman