Finance committee  I mean access to capital by being eligible for the CRCE, for test turbines and transmission expenses.

Finance committee  Thank you for giving me the opportunity to say that there are two reasons. I think one is the two-for-one. You may have heard that geothermal is costly. For example, an average international statistic to take with you is $5 million per megawatt installed. That's about double wha

Finance committee  Absolutely. Let's start right in your territory. In the Northwest Territories hamlet of Fort Liard, the National Energy Board has already granted a geothermal permit to one of CanGEA's member companies, one of the ones I work with. It was 51% Acho Dene Koe, which is with the loca

Finance committee  Thank you. I know that you can't see these slides. As an introvert, the slides are more for me to know that you're probably looking at the slides and not at me. If you'll just humour me, I'll turn them in your direction and you can glance over.

Finance committee  Okay, fantastic. Then it's all for my privilege and for the other witnesses. Good evening, everyone. Thank you very much for having us. I'd like to acknowledge that we're on the traditional territory of the Algonquin and Iroquois first nations. I equally bring you greetings fr

Natural Resources committee  I think we need to get a bells and whistles demonstration going. It is a little bit of “build it and they will come”. People need to—

Natural Resources committee  Like Springhill. There are also projects in British Columbia that are permitted and ready to go. Just show people what you can really get out of a project: again, the heat, the power, the diversity of jobs, the main street activity, and perhaps these other side industries. Show p

Natural Resources committee  Absolutely.

Natural Resources committee  Yes.

Natural Resources committee  Sure. Springhill was a beneficiary of geological survey of Canada funds. This is going back a few decades. It was one of the poster-child projects they funded. Currently Springhill, Nova Scotia, through the Cumberland Energy Authority, has a district heating system. There are man

Natural Resources committee  That's right.

Natural Resources committee  We do. Because there is a dearth of reports available, we filled that gap for some of the provinces and territories and did a gap analysis of what you would grow, the most profitable thing to grow, or other uses of geothermal. Our most recent publication is for the Yukon governme

Natural Resources committee  Absolutely. We've talked about having to address some of the risks with geothermal, but in one sense geothermal is very predictable. Every three kilometres it's about 100°C no matter where you go on earth. I could be drilling in Poland or I could be drilling in Hinton, and if I

Natural Resources committee  Sure. Again, there's that analogy...geothermal anywhere...3,000 metres or three kilometres down will be at 100°C. But like oil and gas, oil and gas is more plentiful in some areas and geothermal is more plentiful in other areas. In this particular location in Valemount, it's a tr

Natural Resources committee  People in Alberta woke up on January 1 and had to pay a carbon tax for their home heating needs. B.C. has already had a carbon tax for fuels such as natural gas or propane or diesel. One of the issues is that we haven't given consumers a choice. You can pay a carbon tax and keep