Natural Resources committee  —but also receiving it from the government—were probably not in their offices. I would expect you would know that it was very difficult to get—

Natural Resources committee  Obviously, the government was very keen to ensure that the energy supply would continue, as we were still at a time of year where that's very important to Canadians. We were looking at how we could do that safely, and with responsible parties.

Natural Resources committee  I'll go first very quickly. I certainly think it's easier to do now than later. We've yet to examine the cap, but we look forward to doing that and I hope some of the points we put forward are constructive in examining that.

Natural Resources committee  It's truly across the board. The difference with a country like Venezuela is their very high emissions profile for their production. A country like Saudi Arabia has a relatively low profile—we think—for a lot of their production, although Saudi Arabia has a heavy oil that they ex

Natural Resources committee  No. I think we would like to know what the government's intent is with the cap. At this point, our intent is to work to have an efficient regulatory system that lowers emissions and puts the right incentives to drive investment and emission reductions.

Natural Resources committee  Again, I won't give you a blanket answer until I know the depth behind what's intended with this cap.

Natural Resources committee  If it enables Canada to play a role in lowering global emissions, then I think that scenario would be broadly supported.

Natural Resources committee  I think it would be great if nuclear played a larger role. It's obviously not in my mandate, but if it can take a bigger toehold, it certainly meets some of the criteria we're looking for.

Natural Resources committee  I guess it comes down to the time frame. I would say there's no silver bullet. Coal is going to be part of it, but I think displacing coal with natural gas is probably the most immediate thing we could do.

Natural Resources committee  Absolutely.

Natural Resources committee  Thank you for the question. I appreciate that global perspective, because this truly is a global marketplace. We are seeing, as everyone is, that wind and solar are becoming more cost-effective. The IEA expects them to continue to grow to about 6% of global primary energy demand

Natural Resources committee  When you look at the global top 10 producers of oil and gas, it is a group that Canada and the U.S. are part of, but beyond those two democratic nations, it is Russia, Saudi Arabia, Nigeria, Iran, Iraq and Venezuela, and Norway no longer even reaches the top 10, nor does the U.K.

Natural Resources committee  Yes, I think if that is the important principle, it will then enable industry to work on technologies. It will ensure that we're working towards the outcome that enables the social benefits as well as the environmental.

Natural Resources committee  Consistent with my comments earlier, if we take a very parochial view and limit investment or dissuade investment in Canadian resources, in Canadian technology development, and those investments go to Kazakhstan, Venezuela, Nigeria and Russia, we're going to have global increases

Natural Resources committee  A study came out last year showing that the oil and gas sector invests I think it was between 50¢ and 75¢ of every dollar in research and development in Canada. Harnessing that, incentivizing institutions, incentivizing universities to partner with the private sector, not just oi