Natural Resources committee  I think we have increasingly developed financial pathways, financial regulation. The equity participation and equity partnerships that we're seeing right now are a huge step forward. Again, clarity around how we count things, what counts and how it's counted, I think, will also g

Natural Resources committee  I think the big thing, the reason they're talking about incentives, is that the carbon price is paid on existing production, but the carbon capture has to be developed, designed and built today. I think that's the reason they're talking about incentives: you have to get engineers

Natural Resources committee  I'd like to say that customers buy our product. That's determined by our customers; that's not determined by us. That's the way global markets work, and at the pace we're going, we're bringing down by 20% the emissions in the oil sands since 2015, and that's just the beginning.

Natural Resources committee  I wanted to make a comment on carbon capture in particular. The Boundary Dam carbon capture project in Saskatchewan was, indeed, subsidized by the taxpayers of Saskatchewan as ratepayers of SaskPower. The contributions of that project are not just for capturing carbon in Saskat

Natural Resources committee  You can't just focus on production without focusing on consumption. We have a set of policies that address consumption. Production doesn't just go to producing gasoline. For example, there's been a challenge in British Columbia. British Columbia introduced an emissions cap, and t

Natural Resources committee  I guess my concern is that while I do appreciate that the language is around emissions, it all depends on how the cap is set. If the cap is set that will allow for additional production in response to oil prices due to a war in the Middle East, or in response to increasing proce

Natural Resources committee  That's where the Alberta policy set that direction, and you now have the six oil sands producers with their pathways to net-zero programs. Because it was very targeted, it had a positive impact and got that part of the sector on board.

Natural Resources committee  Yes.

Natural Resources committee  No, we do not.

Natural Resources committee  No.

Natural Resources committee  Yes, we need all of them.

Natural Resources committee  Thank you for inviting the Canada West Foundation to appear at your committee today. The policy's purpose is to achieve emissions reduction. That's the central point of this policy and the Canada West Foundation certainly does not disagree with that purpose. We also recognize t