Natural Resources committee  Sure, I could take a stab at it, and then maybe Tim could follow up. I think it's critical, that two-thirds figure, and let's put it into context, that's if there's not wide scale use of things like carbon capture and storage technology, and that's certainly an option, and we st

Natural Resources committee  Absolutely. We can learn a lot of lessons from Alberta when it comes to diversification. The former finance minister for Alberta, Ron Liepert, said that Alberta has a problem, that they want to get off the oil revenue roller coaster. Right now, 30% of their provincial budget com

Natural Resources committee  It can. You could capture more value and more economic activity per barrel, but you're also increasing the susceptibility. The foundation is based on bitumen, and if bitumen is not fully priced, if you're not pricing those externalities, those costs, the environmental costs in pa

Natural Resources committee  I think that's something my colleague could answer.

Natural Resources committee  Thanks for the invitation to share the Pembina Institute’s perspective at this committee hearing. Pembina's mission is to advance clean energy solutions through research, education, consulting, and advocacy. When it comes to diversification of energy markets, it's not just whe