Natural Resources committee  I'm going to jump in on that, because I commissioned and helped write a report on just transition that was done by Jim Stanford, a labour economist. There are a number of ways that you can put in place a just transition strategy for workers and communities. It involves funds for

Natural Resources committee  There have been a number of different academic research papers written about the carbon intensity of different sources of oil. Last time I was at the committee, I mentioned that Masnadi et al. in 2018 had found that Canada's oil was the fourth dirtiest on the planet out of 50 maj

Natural Resources committee  The technology has not been shown to be worthwhile in the long term. These emissions come from oil and gas. The important thing to remember is that this covers only 20% of the oil sector's emissions. Only production emissions are captured. Even if the technology were perfect—whic

Natural Resources committee  The industry has committed to achieving net-zero emissions by 2050. Achieving that target means reducing per-barrel emissions by 2030. You have to say to the industry: “Show us the money.” The industry needs to show the path it's going to take to achieve that target. Mr. Leach

Natural Resources committee  That's the thing. The carbon price, which was an increase, was announced several years ago. Yet, when you look at the Rystad cube data, oil and gas companies are planning on increasing their production and emissions by 30% between now and 2030.

Natural Resources committee  That's why we have to address the full scope of emissions: scope 1, scope 2 and scope 3. The downstream emissions should be included in this cap and be addressed through policy that is in federal jurisdiction. Dr. Leach—

Natural Resources committee  Our proposal is that the cap starts at 2019 levels but decreases to a level in 2030 that's 60% below 2005. That's Canada's fair share. That gets us to 64 megatonnes. That is a significant decrease, but as I laid out in my comments, there are a number of ways that the federal gove

Natural Resources committee  We're going to need stronger policies to do that. As I've said, the blind spot or the sore thumb for Canada for the longest time has been our oil and gas industry. Unless we put into place the kinds of policies that are needed to address those emissions in a real way, we're not g

Natural Resources committee  Yes, please.

Natural Resources committee  No. We need an additional measure that is going to ensure the certainty of the emission reductions. That's a hard cap that's enforceable and that has sanctions for those companies that go beyond their cap. That can be put into place through the Canadian Environmental Protection A

Natural Resources committee  Thank you, and thanks for the invitation. I'm joining from the unceded territory of Algonquin Anishinabe peoples, also called Ottawa. I'd like to start with today's report from the Intergovernmental Panel on Climate Change, which frankly paints a terrifying picture of our futu

Natural Resources committee  Yes, and there should be stronger regulations.

Natural Resources committee  Just super quickly, I want to correct the record. There is some peer-reviewed research on the GHG intensity, the carbon content, of different forms of oil from around the world. Canada's is one of the worst. Masnadi et al. found that it was fourth dirtiest in terms of carbon co

Finance committee  No, it would be a sales mandate. It would be a percentage of the sales of vehicles in Canada.

Finance committee  Yes.