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Industry committee  Tick the boxes first and move forward with purpose.

October 17th, 2022Committee meeting

Bob Masterson

Industry committee  What are people interested in? If we look around this room, 95% of everything that's in this room—95% of all finished goods—is made with the business of chemistry. Again, there are five pathways that decarbonize the sector. They're all present in Alberta, and they're all being

October 17th, 2022Committee meeting

Bob Masterson

Industry committee  If you are going to do this bill, I certainly propose and support the idea of 12 months. At 18 months in today's world, you might as well not do it at all, especially when we look at what's happened with the Inflation Reduction Act in the U.S. If you're going to do it, do it prom

October 17th, 2022Committee meeting

Bob Masterson

Industry committee  Is this bill going to do it alone? No, but—

October 17th, 2022Committee meeting

Bob Masterson

Industry committee  Yes, we support the nature.... In general we support what's here; the specifics—

October 17th, 2022Committee meeting

Bob Masterson

Industry committee  Listen, I think one of the things I'm hearing here is a sense of distrust, and there's a reasonable reason for some of that. When I think of the investments that our sector has proposed in battery chemicals in Quebec, for instance, every one of the projects has been supported by

October 17th, 2022Committee meeting

Bob Masterson

Industry committee  Again, I would say that this is a proposal. The opportunity is to.... Since it does, we would hope, meet the federal government's expectations, there should be an interest in getting that to a final investment decision and building the infrastructure as soon as possible.

October 17th, 2022Committee meeting

Bob Masterson

Industry committee  Absolutely: Shell is building a 50-megawatt solar farm that will largely power their chemical plant in Scotford. They also are greatly expanding their carbon capture activities, as Cathy mentioned. We talk a lot about hydrogen, but these hydrogen projects that are proposed in we

October 17th, 2022Committee meeting

Bob Masterson

Industry committee  Here's one last one. To get back to feedstock switching, Imperial is proposing a very large biodiesel facility in Strathcona, just outside of Edmonton.

October 17th, 2022Committee meeting

Bob Masterson

Industry committee  I could go on with a whole list, if you want. It's a long list.

October 17th, 2022Committee meeting

Bob Masterson

Industry committee  That's a good question. You know what? I presume that when we get to actions, that's the proper time to consult. For a report on what could be done, what the current situation is and what needs to be done to advance the projects already proposed and supported by the Province of

October 17th, 2022Committee meeting

Bob Masterson

Industry committee  Well, again, I mentioned that there are a dozen projects currently under way in Alberta alone—

October 17th, 2022Committee meeting

Bob Masterson

Industry committee  The Dow Fort Saskatchewan project would be one. It includes an ethylene cracker and derivatives. An ethylene cracker is a highly emissions-intensive project. It takes a lot of energy to crack ethane and turn it into ethylene and then on to the derivatives, the many, many derivati

October 17th, 2022Committee meeting

Bob Masterson

Industry committee  The proposal is to basically have a circular hydrogen process. Ethylene cracking gives off hydrogen. Some of that is currently captured and used. The process would maximize that opportunity and also bring in other hydrogen so that we don't have to use natural gas. Any emissions w

October 17th, 2022Committee meeting

Bob Masterson

Industry committee  Thank you, Mr. Chair and committee members. It's wonderful to be here in committee for the first time in three years. It's great to be back with you in person. Thank you for that. I'll start by commending MP Carr for the bill and the study into the Prairie economy. Former Minist

October 17th, 2022Committee meeting

Bob Masterson