Natural Resources committee  In my view, if we are serious about this, we would be looking at demand management. This is a rationing issue. However we play it, a carbon budget is, by definition, a rationing issue, but what we have not done is to cut back on people driving their very large cars or flying firs

Natural Resources committee  Every fraction of a degree matters. If we don't hit 1.5°C, then we get additional sets of impacts. Let's be clear: 1.5°C is not a safe threshold. It is an incredibly dangerous threshold to many people around the world, particularly in some of the poorer, more vulnerable parts of

Natural Resources committee  Not if you think physics has any validity.

Natural Resources committee  I would say the situation now, as a consequence of Ukraine and the impact on oil prices and so forth, demonstrates that we should have put that emissions cap in a long time ago. If we had actually moved to renewables, we wouldn't be seeing the volatility in the prices we are seei

Natural Resources committee  I think carbon capture and storage has a role to play in removing process emissions, particularly from cement. For the fossil fuel sector, it has been used for 20 to 30 years to delay action on fossil fuels. Today the carbon capture and storage around the globe is about seven mil

Natural Resources committee  I think it is necessary to cap production and to have emissions controls on the use of fossil fuels as well.

Natural Resources committee  I simply take here what the physics tells us. We have a carbon budget that comes out of the IPCC. It's not just for Canada, of course. This is the same for all of the wealthy, high-emitting nations, which represent around about 60-odd per cent of all emissions. They have broadly

Natural Resources committee  If Canada is to commit and succeed in delivering on its commitments in the G7 and Paris for 1.5°C, we have to close all oil and gas production in the wealthy parts by 2034, and we have to open no new projects. That's true not just for Canada. The no new projects is true at a glob

Natural Resources committee  Well—

Natural Resources committee  Thank you very much. My evidence here is based on a report by my colleague Dan Calverley and me, which we had published yesterday, where we investigated the phase-out pathways for fossil fuel production within Paris-compliant carbon budgets. I want to start by outlining a few