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Environment committee  For many people in the developing world, that terrible future is today, because of inflation, high energy costs, high food prices. In fact, according to the FAO, the food price index is as high—

March 31st, 2022Committee meeting

Dr. Heather Exner-Pirot

Environment committee  It's the famine. There is famine now because of fertilizer prices, because of the energy crisis, so we need to consider the—

March 31st, 2022Committee meeting

Dr. Heather Exner-Pirot

Environment committee  All of these issues are tied up together. I agree that climate is a very important issue and I agree that the energy crisis is a very important issue. I don't think we should ignore one at the expense of the other.

March 31st, 2022Committee meeting

Dr. Heather Exner-Pirot

Environment committee  In terms of energy security right now, China controls a quarter of our mining production. Russia controls another 9%. We absolutely need to ramp up a critical mineral supply chain with our allies. They're going to look to Canada to provide those minerals for this renewable energy

March 31st, 2022Committee meeting

Dr. Heather Exner-Pirot

Environment committee  We absolutely need a low-carbon transition. That carbon transition will change from the exploitation of fossil fuels to the exploitation of minerals. That is so well known. Critical minerals are required for transmission lines, EV batteries, generators, magnets and everything th

March 31st, 2022Committee meeting

Dr. Heather Exner-Pirot

Environment committee  Yes, and I will say that a lot of what they have described as subsidies was basically getting the oil and gas industry through that rough six months in 2020 when oil and gas prices did go negative. That helped them stay afloat in that short period, and now, obviously, they've bee

March 31st, 2022Committee meeting

Dr. Heather Exner-Pirot

Environment committee  Absolutely, and again, I just have to warn you that it should focus on the consumption of fossil fuels for burning it, for enhancing greenhouse gas emissions, not for using the magical molecule of hydrocarbon in so many other ways that positively impact our lives.

March 31st, 2022Committee meeting

Dr. Heather Exner-Pirot

Environment committee  In the G7, they just announced last week—Prime Minister Trudeau—that we call on oil- and gas-producing countries to act in a responsible manner and to increase deliveries to international markets. We can't have a cap on emissions without resulting in a cap on production, and gues

March 31st, 2022Committee meeting

Dr. Heather Exner-Pirot

Environment committee  We've already seen it, and I think the key of this question is that Canada doesn't operate in a bubble and the oil and gas industry doesn't operate in a bubble. If we think it's a fantasy that we're not going to have carbon capture in nine years, let me tell you about the fantasy

March 31st, 2022Committee meeting

Dr. Heather Exner-Pirot

Environment committee  Absolutely we should be encouraging investment in Canada.

March 31st, 2022Committee meeting

Dr. Heather Exner-Pirot

Environment committee  Absolutely. It's even worse than that because we're having an energy crisis right now. People have not had the natural gas, the LNG, that they would have used instead and actually coal production is reaching record historical highs and emissions this year are reaching record high

March 31st, 2022Committee meeting

Dr. Heather Exner-Pirot

Environment committee  I can. I favour small government, so when the oil and gas industry is making record-breaking profits, I think that they should be paying for a lot of the things themselves. There's no reason for the taxpayer to subsidize that. However, on things like carbon capture, where it is a

March 31st, 2022Committee meeting

Dr. Heather Exner-Pirot

Environment committee  Absolutely, and for things like electric vehicles, yes, it makes sense to subsidize chargers at this point. We can all agree with that. It has to make sense on the greenhouse gas emissions efforts also.

March 31st, 2022Committee meeting

Dr. Heather Exner-Pirot

Environment committee  This isn't my area of expertise. Energy security and global energy demand is, as is indigenous resource development. I can tell you that, yes, it includes enhanced oil recovery, and I assume you know that there are very good environmental reasons in terms of land impact to do enh

March 31st, 2022Committee meeting

Dr. Heather Exner-Pirot

Environment committee  I wouldn't have the specifics. You probably have the specifics in front of you. But as you're very familiar with, there has been outflow of foreign direct investment out of Canada for oil and gas, for mining that we need for critical minerals, for everything because of our very l

March 31st, 2022Committee meeting

Dr. Heather Exner-Pirot