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Environment committee The evidence that we've talked about said that the $30 per tonne price in British Columbia reduced emissions by between 5% and 15%.
January 28th, 2019Committee meeting
Dr. Nicholas Rivers
Environment committee It was introduced in 2008.
January 28th, 2019Committee meeting
Dr. Nicholas Rivers
Environment committee When it hit $30, it was 2012.
January 28th, 2019Committee meeting
Dr. Nicholas Rivers
Environment committee The government has published estimates for what it believes the price will achieve.
January 28th, 2019Committee meeting
Dr. Nicholas Rivers
Environment committee It's based on models, yes.
January 28th, 2019Committee meeting
Dr. Nicholas Rivers
Environment committee The estimate, if I remember right, is between 50 and 90 megatonnes from the $50 per tonne price, and we're at about 710 megatonnes right now.
January 28th, 2019Committee meeting
Dr. Nicholas Rivers
Environment committee [Inaudible—Editor] electricity directly.
January 28th, 2019Committee meeting
Dr. Nicholas Rivers
Environment committee A few oil-exporting Middle Eastern countries are higher than us, but we're among the leaders.
January 28th, 2019Committee meeting
Dr. Nicholas Rivers
Environment committee I think that's bang on: You recognize the fact that it's not any one year's emissions that are causing the problem. It's the cumulative emissions over time that are causing the problem. We want an approach that targets our cumulative emissions over time, which means sending a lon
January 28th, 2019Committee meeting
Dr. Nicholas Rivers
Environment committee So your question is about economic growth and carbon pricing.
January 28th, 2019Committee meeting
Dr. Nicholas Rivers
Environment committee Right. My view is that carbon pricing is pretty much a wash for the economy overall. It's not going to make us a lot bigger and it's not going to make us a lot smaller. I think it will increase the growth in cleaner sectors in the economy and reduce it in less clean sectors of th
January 28th, 2019Committee meeting
Dr. Nicholas Rivers
Environment committee I don't think there's a lot of evidence that it's going to increase the total amount of innovation activity in the economy, but it will redirect it towards clean activities. It won't cause a growth in the number of scientists or a growth in the number of patents, but it will redi
January 28th, 2019Committee meeting
Dr. Nicholas Rivers
Environment committee I'm going to go back to what Dale said a minute ago. I think you have it the wrong way around, personally. To me, you don't get a global agreement and then have each country going to reduce emissions—
January 28th, 2019Committee meeting
Dr. Nicholas Rivers
Environment committee To me, that kind of global consensus around emissions reduction is going to come from the bottom up—
January 28th, 2019Committee meeting
Dr. Nicholas Rivers
Environment committee Natural gas—
January 28th, 2019Committee meeting
Dr. Nicholas Rivers