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Environment committee  I always have a comment. Carbon capture and storage is essential, especially in sectors like cement, where we don't see a clear pathway to deep decarbonization. We used to think it was essential in sectors like steel, but technological progress has pushed us to a point where now

April 26th, 2022Committee meeting

Aaron Cosbey

Environment committee  I can give you a snapshot of how much we are currently putting in public support toward renewables versus fossil fuels. It's 12:1. Let that sink in. That doesn't speak well to how we are prioritizing real climate action.

April 26th, 2022Committee meeting

Aaron Cosbey

Environment committee  We currently use coal to produce copper. That's true. We use diesel in the vehicles which mine the copper and process it, but you can also use hydrogen in those vehicles. Hydrogen can be produced through electrolysis. Green hydrogen is the wave of the future. If you want to inv

April 26th, 2022Committee meeting

Aaron Cosbey

Environment committee  My memory is not much better than yours; I'm getting advanced in years. It has been a couple of decades, so yes, you are right, our work on this stuff precedes Canada's commitment to phase out fossil fuel subsidies. At the foundation of that work is what you imply, the basic pre

April 26th, 2022Committee meeting

Aaron Cosbey

Environment committee  No, we do not. You usually use it to make copper.

April 26th, 2022Committee meeting

Aaron Cosbey

Environment committee  Efficiency depends on what your goal is. If your goal is employment retention, if your goal is future prosperity for Canadians, if your goal is—

April 26th, 2022Committee meeting

Aaron Cosbey

Environment committee  No, because 80% of the emissions that come from the gas that's extracted are emitted in the process of combustion in cars and the fossil fuel gas generation plants.

April 26th, 2022Committee meeting

Aaron Cosbey

Environment committee  Sure. Let's invest in diversifying the Alberta and Saskatchewan economies, using the resources we have: the project management capacity and the natural resources. Let's focus on what you can do with bitumen other than burning it in cars. You can make carbon fibre, you can make

April 26th, 2022Committee meeting

Aaron Cosbey

Environment committee  Thank you for a careful reading of our report, during which you will have noted that we support some types of fossil fuel subsidies. It's a matter of record, which I repeated in this committee testimony. There are some fossil fuel subsidies that may be necessary, and I consider s

April 26th, 2022Committee meeting

Aaron Cosbey

Environment committee  I can speculate. Obviously, you would have to ask the government for a definitive opinion on that, but my speculation is that it's political expediency. It's a way to have your cake and eat it too, or so they think. However, it is short-term thinking. The idea that you can meet y

April 26th, 2022Committee meeting

Aaron Cosbey

Environment committee  Our performance in the G20 peer review process has been abysmal and is an international embarrassment. There have been three peer reviews that were conducted before the current one, which we're undertaking with Argentina, all of which were concluded in two years or less. We start

April 26th, 2022Committee meeting

Aaron Cosbey

Environment committee  There are two things on that question. One, we have an internationally accepted definition of subsidies. It's the WTO definition. It is not just used by the WTO, of which Canada is a member, of course, but also by the OECD in compiling its statistics on fossil fuel subsidies and

April 26th, 2022Committee meeting

Aaron Cosbey

Environment committee  Thank you very much for the opportunity to speak to you today. The International Institute for Sustainable Development is a non-partisan Canadian policy think tank with over 30 years of experience and almost 20 years of globally respected work on fossil fuel subsidies in countri

April 26th, 2022Committee meeting

Aaron Cosbey

Natural Resources committee  I think the objectives of the ERF, as I understand them—and I'm not here to apologize for the ERF or support it in some blanket form—were to decrease methane emissions, so I'm judging it on its effectiveness in doing that. The covered operations may well have increased—

February 2nd, 2022Committee meeting

Aaron Cosbey

Natural Resources committee  That's what I thought, okay.

February 2nd, 2022Committee meeting

Aaron Cosbey