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Natural Resources committee Not over time.
December 7th, 2010Committee meeting
Jessie Inman
Natural Resources committee But only in the beginning. I don't have those exact numbers with me, Mr. Allen, but I can get them for you. If you take that out over the vast number of consumers there are across the country, it's a very, very small increment in terms of the cost of our energy that we use ever
December 7th, 2010Committee meeting
Jessie Inman
Natural Resources committee On the gap at the moment between the cost of capture, the cost of transportation, and the cost of injecting that into a reservoir that may have incremental oil production, I believe the cost is somewhere between $70 and $100. Right at the moment the tax in Alberta is $15 a tonne,
December 7th, 2010Committee meeting
Jessie Inman
Natural Resources committee The lack of a carbon price is the number one reason why we're not capturing carbon dioxide right now, yes, absolutely. In Alberta we have a price of $15 a tonne, but this doesn't go anywhere near creating incentives to companies to capture carbon dioxide.
December 7th, 2010Committee meeting
Jessie Inman
Natural Resources committee I have a comment on that, which is really important. If we go back even further than that and look at the role the federal government played when we put in the infrastructure for the existing oil and gas industry in Alberta, that was put in by the federal government. Why shouldn'
December 7th, 2010Committee meeting
Jessie Inman
Natural Resources committee From my perspective, I don't think our company is asking for the government to make a long-term commitment to subsidizing the capture of carbon dioxide, but there is a gap at the moment. Even if we are using that carbon dioxide for enhanced oil recovery, there is $1 gap between t
December 7th, 2010Committee meeting
Jessie Inman
Natural Resources committee It is very, very expensive in the early days.
December 7th, 2010Committee meeting
Jessie Inman
Natural Resources committee Honourable members of the natural resources committee of the House of Commons, Mr. Chair Leon Benoit, thank you very much for the opportunity to be here today. I submitted a paper to you before coming into this session, and it is too long to read in seven minutes, so I'm going t
December 7th, 2010Committee meeting
Jessie Inman