Environment committee  I would actually refer to World Resources Institute's analysis, which includes both emissions reductions from within the cap and the additional sectors covered in the international emissions reductions, but I believe their estimates are that in 2020 the emissions reduction would

Environment committee  Yes, that is my understanding.

Environment committee  I don't have that number in front of me.

Environment committee  Yes, it would be.

Environment committee  I'd be happy to. I think it does make sense to move forward with specific programs and targets in both countries. It's a little confusing to compare the U.S. and Canada right now. We have a U.S. bill that has specific targets around the cap-and-trade component, which is a porti

Environment committee  May I address the question of the scale of the bills? There's a downside to including all the detail in legislation, a significant downside. The arguments that go on endlessly over small paragraphs, which really should be resolved in a regulatory process, are pretty astounding. T

Environment committee  I think they've chosen to have a level of detail that makes it very hard to pass a bill. But the political judgment of policy-makers in D.C. is that they need that level of detail to get buy-in from stakeholders.

Environment committee  I'll go. I think it mostly will get down to price. If the allowance prices are significantly different between two countries, I think there will be political hurdles to initiate in trading. One system would essentially significantly reduce the price of another. If you had a sit

Environment committee  Without a North American government, it would be hard to have exactly the same programs put in place. We strongly agree that there should be some linking. The economies of the U.S. and Canada are so interlinked that we should have some consistency in linking over time. There wil

Environment committee  Thank you. That was a nice summary. Maybe I'd just highlight a couple of things. As you get into the details of policy design it's important to recognize that there are some decisions you can make about the framework and also how you finance or invest in different technologie

Environment committee  Thank you. I think it is important to move beyond charters and start talking about the specific policies that could be put in place to achieve the emissions reductions. It would encourage policy-makers to get to that point of thinking through the exact design elements, and you m

Environment committee  No, I do not.

Environment committee  Thank you, Mr. Chair, for the invitation to speak with you today. I'm sorry not to be there in person and I really appreciate the quick work of your team to link me in by videophone. My name is Derek Murrow. I'm the energy and climate policy director at ENE. ENE is a regional,