Natural Resources committee  Well, I think it's significant in terms, of course, of the straight carbon reduction and the demand from the industry itself. United Airlines is one of our customers. It has announced that it's going to be a zero-emission company by 2040. It's a challenge when what you do is fl

Natural Resources committee  We are just finishing an economic analysis for the plant that we're doing, an expansion conversion plant of an existing refinery down in Long Beach. We were amazed. From this project, where our investment is over a billion dollars, ourselves, it was generating over $18 billion of

Natural Resources committee  No, it will not be 100%, but it's a feathering-in of a variety of different solutions to overall mitigate the amount of carbon that's being emitted through our existing infrastructure today.

Natural Resources committee  Sure. Right now, these products are moving quite freely throughout the different jurisdictions. The only thing that's really happening with these protectionist policies is that you're changing trade flows. It is the same amount of product that is going in to the various sectors,

Natural Resources committee  Primarily, we have to rely on this as an evolving and adaptive industry in itself. We need clear policy to denote what the industry needs to do, and therefore, new feedstocks, whether it's cover crops, algae or a variety of other types of solutions, can come on board because we k

Natural Resources committee  No. We certainly see with renewable diesel that it doesn't have any cloud point issues. Ours is able to be blended with petroleum or to be used as a straight renewable diesel 100 in diesel engines and we are able to meet the cloud points as required. When we make sustainable av

Natural Resources committee  It's actually quite amazing. We're seeing right now a significant expansion in the number of new facilities that are being built. The majority of them are being built by oil and gas companies that are pursuing more and more becoming producers of renewable fuels as well. Whether

Natural Resources committee  Thank you very much for the question. I think there is an immense opportunity to be able to expand. As I say, in California, we're taking this plant from 3,000 barrels a day when we bought it, up to 25,000 barrels a day. We're looking to make additional investments. We can expan

Natural Resources committee  —who are actually taking this on.

Natural Resources committee  There's been a lot of talk here about the scale of putting this in and what the actual life cycle is. I'd like to refer to a significant project, our largest one that we have in California right now, where we actually converted an existing and yet no longer viable petroleum refin

Natural Resources committee  Malcolm, “unmute” is at the bottom left.

Natural Resources committee  I think I can. Yes.

Natural Resources committee  Excuse me if I read Malcolm's presentation on his behalf just to get it going. On behalf of Renewable Industries Canada, Malcolm West wishes to thank the chair and distinguished committee members for the invitation to present as part of your study on renewable fuels. In addition