Environment committee  Risk is basically the product of hazard and exposure. Basically, the risk-based model gives you two leverages to control the issue. Either you can control the hazard or you can control the exposure. That is the beauty of that kind of a model. You can control either one of them.

Environment committee  For example, there is a greenhouse gas cap in Nova Scotia. That actually has nothing to do with the coal phase-out. That was before. Alberta introduced the specified gas emitter regulation, which has been increased in 2017 to $30, with a 20% emission cut. Ontario introduced a cap

Environment committee  I'm here representing the Canadian Electricity Association, the CEA. The coal issue, the one that Ms. Duncan talked about, is Alberta-specific. There are negotiations happening with the provincial government, under non-disclosure. I really don't have any access to it. I would be

Environment committee  Some of these were based on provincial regulations and some were based on federal regulations. For example, in 2006 Alberta came up with a framework for electricity, and that was translated by the federal government into a mercury reduction. That basically led to a reduction from

Environment committee  Equivalency agreements require, within the agreement, monitoring and making sure that the federal government and the provinces are delivering an equivalent environmental outcome. It is built into the agreement. The good thing about the equivalency agreement is that you address di

Environment committee  Thank you, Channa. I would like to thank the committee for this opportunity. I will speak to five additional issues of importance. Our third issue is equivalency agreements. The act should continue to facilitate the use of equivalency agreements with the provinces to leverag