Environment committee  Yes. The debate over a carbon tax on both sides is stalling investment decisions, because capital projects are hundreds of millions of dollars and you can't deploy capital in a dynamic risk environment. It needs to be resolved.

Environment committee  I'll give a brief overview of the process to here. The clean fuel standard was announced by the government just in front of the pan-Canadian framework announcement in November of 2016. We're just over two years in. It took a while for the process to be established in terms of the

Environment committee  Right within the meat of the regulation it's really a debate between what is the role of liquid fuels compared to gaseous and solids, so the allocation of the 30 million tonnes is a key issue. There are quite a number of design features, but outside of the regulation itself, I t

Environment committee  I understand, thank you. Biofuels used in transportation and some of the heating uses like heating oil, etc., are the single-largest plank of the climate action strategy. The clean fuel standard is, I think, the most significant measure under development right now under the pan

Environment committee  I don't know if there's reluctance, sir. I think there's great desire. The challenge has been that the tools and instruments that were deployed in Canada were not as competitive as they are in other markets. The United States has a national renewable fuel standard with credits t

Environment committee  Yes. As I described in my comments, we have over $6 billion of capital projects within our membership. That interest has been growing over the last number of years. It's primarily because of the clean fuel standard. How we price carbon, whether we price it that way or that way, i

Environment committee  No. To clarify, on industrial facilities, so this would be canola crushers and rendering plants, and it also includes biofuel production facilities, we support measures, whatever the pricing system is, whether it's a performance-based standard like the former SGER program in Albe

Environment committee  Yes. We support an exemption and an appropriate design structure for industrial facilities to maintain competitiveness.

Environment committee  That's 2030, and that's per year in 2030.

Environment committee  Yes.

Environment committee  Sorry, could you clarify for me if it is the value of biofuels on industrial emissions? I didn't catch the context for the question.

Environment committee  The first step is the clean fuel standard, which, under its current development process, will implement a regulation on liquid fuels in 2022, and set a requirement to go out to 2030 to reduce the carbon intensity of the fuels used. In a regulatory design paper, which will be rele

Environment committee  No. The corn is primarily grown in Ontario, with a little bit in Quebec. The ethanol in the Prairies is made primarily from wheat, but it can sometimes pull some corn into it.

Environment committee  If you're buying fuels and the carbon tax is designed properly, lower-carbon fuels should pay less tax. That's a carrot. We are on the same side as other trade-exposed industrial facilities in that we're concerned about our competitiveness. If there's a carbon tax applied to our

Environment committee  Yes. There are two primary aspects that are being analyzed to address sustainability. One is the life-cycle carbon intensity. All fuels are compared across their full life cycle. Whether you're pumping oil out of the ground or growing crops or using forest residues, the systems a