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Natural Resources committee The comment we made regarding legislation is that the policy for carbon dioxide reductions has to be put in place with respect to the targets for emission reductions in the economy in general. Also, we need to understand how the regulation for the potential for trading of carbon
December 12th, 2006Committee meeting
Stephen Kaufman
Natural Resources committee Thank you for the question. I believe the important thing to note is that the market will not respond today, and it isn't responding. You see now there are no projects being built other than some very small-scale ones. That's because fundamentally the costs are dramatically high
December 12th, 2006Committee meeting
Stephen Kaufman
Natural Resources committee Yes, but I hesitate to provide numbers on a per-barrel basis, because it's highly dependent on how much of the carbon dioxide you choose to capture. If you choose to make a reduction of 10% in your carbon dioxide emissions, does that mean you only divide it over 10% of your barre
December 12th, 2006Committee meeting
Stephen Kaufman
Natural Resources committee Thank you very much, Mr. Chairman and honourable members, for the opportunity to speak to your committee on behalf of our ICON group. Given that this issue is complex and that I am not bilingual, my comments and my replies to your questions will be in English. I apologize for
December 12th, 2006Committee meeting
Stephen Kaufman