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Environment committee  It's certainly one way. It's a way that is less disruptive to the economy and it's more transparent than other ways.

June 12th, 2019Committee meeting

Yves Giroux

June 12th, 2019Committee meeting

Yves Giroux

Environment committee  I cannot speak for each and every one of these measures, but we have taken into consideration the policies that had been announced as of September 2018. I cannot determine whether we have taken into consideration all of the potential measures under the strategic innovation fund,

June 12th, 2019Committee meeting

Yves Giroux

Environment committee  In fact, this average reduction will probably be closer to 6% or 7%. The population differences between those two provinces are significant, but those in greenhouse gas emissions are less so. For example, a 15% reduction in greenhouse gases in Saskatchewan is still significant in

June 12th, 2019Committee meeting

Yves Giroux

Environment committee  There will be other things in tomorrow's report.

June 12th, 2019Committee meeting

Yves Giroux

Environment committee  The 10% will be returned to the sectors most affected by carbon pricing. I don't have the details on hand, but it's something—

June 12th, 2019Committee meeting

Yves Giroux

Environment committee  I'm not sure whether all the measures have been planned, but, in part, I think—

June 12th, 2019Committee meeting

Yves Giroux

Environment committee  Yes, there will probably be grants to the sectors affected.

June 12th, 2019Committee meeting

Yves Giroux

Environment committee  The pricing is indeed the same, but the carbon intensity or total emissions will probably decrease as a result of the price on carbon. Unlike in the years before, when emissions will fall slightly, the increase in the price on carbon will more than offset the decrease in emission

June 12th, 2019Committee meeting

Yves Giroux

Environment committee  They are forecasts and there is always an element of uncertainty. I can give you a very simple example to illustrate the uncertainty. If the price of a barrel of oil drops to $10 and the economy continues to do well, the price of gasoline will fall and the price on carbon will n

June 12th, 2019Committee meeting

Yves Giroux

Environment committee  Yes, we made comparisons with European countries that have a carbon exchange system and other countries that have implemented carbon pricing. We compared what happened in terms of consumer elasticity and reaction to those price changes and to a cap being imposed on emissions.

June 12th, 2019Committee meeting

Yves Giroux

Environment committee  Do you know?

June 12th, 2019Committee meeting

Yves Giroux

Environment committee  That's an interesting question that I asked myself when we first started looking at that issue, and it's a common comment that I've heard. Under the OBPS, as I prefer to call it to avoid mumbling the words, the large emitters will have a baseline, so those that are more efficie

June 12th, 2019Committee meeting

Yves Giroux

Environment committee  That's a question that would be best answered by the Minister herself and probably the government in general. My understanding is that it's to avoid negatively affecting the competitiveness of big emitters. To go back to your initial question, it is true that those who are at t

June 12th, 2019Committee meeting

Yves Giroux

Environment committee  Thank you for asking me this question again and allowing me to come back to it. In this report, we measured the greenhouse gas reductions that would result from the price on carbon in those four provinces for the 2019-24 period. That reduction would range from 4% in Ontario to 1

June 12th, 2019Committee meeting

Yves Giroux