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Bill C-30 (39th Parliament, 1st Session) committee  I think that getting on with some legislation that indicates that we're going to start a carbon trading and penalties program based on general caps is a very good idea. I'm not sure that we should start at prices any higher than are evident in Europe. But I think we should make

March 1st, 2007Committee meeting

Michael J. Brown

Bill C-30 (39th Parliament, 1st Session) committee  I haven't done any specific analysis on what the right price ought to be for carbon. I do believe it's appropriate that in line with things like forward-looking regulations, it would make sense to increase prices over time, to tell people in advance what they're likely to be. I d

March 1st, 2007Committee meeting

Michael J. Brown

Bill C-30 (39th Parliament, 1st Session) committee  Could I say something about that? The fact is that the bang for the buck is way greater if we help China or India reduce their emissions than if we do anything about ours, but nothing I see in this bill suggests that would be a good idea.

March 1st, 2007Committee meeting

Michael J. Brown

Bill C-30 (39th Parliament, 1st Session) committee  I think that's a great way to go, because the Chinese—and I'm not sure about the Indians, but I do know about the Chinese, because I spent quite a bit of time trying to understand China and I've been there many times on this subject—have made it very clear that they don't believe

March 1st, 2007Committee meeting

Michael J. Brown

Bill C-30 (39th Parliament, 1st Session) committee  That was the result of a survey that was published about three weeks ago. I believe it was an Ipsos Reid survey.

March 1st, 2007Committee meeting

Michael J. Brown

Bill C-30 (39th Parliament, 1st Session) committee  I don't think they'd like it one little bit, but I'm not sure Canadians understand what the long-term impact is on their children and their grandchildren if we let this thing carry on without making some concerted effort. One of the suggestions is to try to figure out what that

March 1st, 2007Committee meeting

Michael J. Brown

Bill C-30 (39th Parliament, 1st Session) committee  All right. A recent survey indicates that Canadians, on average, won't pay more than $100 to permanently eliminate climate change. Citizens will not tolerate reductions in their standards of living, and that is why those who suggest hair shirts and bicycles will not prevail. Sou

March 1st, 2007Committee meeting

Michael J. Brown

Bill C-30 (39th Parliament, 1st Session) committee  Thank you. I appreciate the opportunity to talk with you all this morning. I will start off by saying I am not an environmentalist. I represent no special interest groups. I am a capital markets person who has been trying to grasp this issue for more than 20 years, and I have a

March 1st, 2007Committee meeting

Michael J. Brown