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Foreign Affairs committee  First of all, most renewables cannot be implemented without access to natural gas. It's a core partner for the development of virtually any renewable. Secondly, as much as there have been significant renewables investments, they're extremely costly. The development of natural ga

November 8th, 2023Committee meeting

Timothy Egan

Foreign Affairs committee  I do, and I think that Canada faces a serious challenge. We've set very aggressive targets, which, as you've noted, are unlikely to be met, but we have at our disposal extraordinary resources that could be used to help meet, I would say, broader emission reduction targets at a gl

November 8th, 2023Committee meeting

Timothy Egan

Foreign Affairs committee  It's one of the variety of international sources that we look at, yes.

November 8th, 2023Committee meeting

Timothy Egan

Foreign Affairs committee  I'd say it's not just for the last decade. I'd say since we've been using oil, natural gas and other fossil fuels, we have consistently underestimated the availability of those fuels. In large part, it's because it depends on the price of the fuel and the state of the technology

November 8th, 2023Committee meeting

Timothy Egan

Foreign Affairs committee  I'd say broadly that there are elements of the OECD recommendations that are aligned with actions by our industry in Canada. We are strongly supportive of energy efficiency. We're strongly supportive of alternative gaseous fuels. As I noted in my remarks, we are big supporters

November 8th, 2023Committee meeting

Timothy Egan

November 8th, 2023Committee meeting

Timothy Egan

Foreign Affairs committee  The Canadian Gas Association has had no direct engagement with the Government of Canada on that. I can't speak for any specific engagement that may have occurred with individual companies.

November 8th, 2023Committee meeting

Timothy Egan

Foreign Affairs committee  No, I don't. In fact, Canada is a significant supplier of natural gas to the United States in quantities that are roughly comparable to the amount of gas the United States is currently exporting to global markets, much of which is going to Europe. Canadian gas is playing in globa

November 8th, 2023Committee meeting

Timothy Egan

Foreign Affairs committee  Thank you, Mr. Chairman. It has been over 18 months since Russia's illegal and vicious attack on Ukraine. It has been over one month since Hamas's monstrous terrorist assault on Israel. Asia is on high alert, as Communist Chinese rhetoric and actions suggest the integrity of Tai

November 8th, 2023Committee meeting

Timothy Egan

Foreign Affairs committee  We don't forecast gas prices. It's a quick pathway to abject failure to try to forecast energy prices. What I will say is that the supply picture is an extraordinary one in Canada and in North America. We often talk about Canada and the United States. We should also note that Me

November 14th, 2022Committee meeting

Timothy Egan

Foreign Affairs committee  I'm happy to talk to any of the members afterwards and take questions privately, should that be a request. Thank you for the opportunity to appear today.

November 14th, 2022Committee meeting

Timothy Egan

Foreign Affairs committee  I didn't dismiss them. In fact, my industry is advocating them and is doing a lot of work on all of them. I would point out that the development of rare earth minerals is a very costly experience and requires a great deal of energy input. If the energy input is too expensive, y

November 14th, 2022Committee meeting

Timothy Egan

Foreign Affairs committee  What I'm saying is that countries around the world are starved for energy, and the energy they want is natural gas, and they're developing that resource or finding others who are developing that resource and buying it from them, so while Canada can indeed pursue the targets it ha

November 14th, 2022Committee meeting

Timothy Egan

Foreign Affairs committee  It would mean a dramatic decrease in emissions, straight up. Again, Canadian gas is produced to the highest standards of environmental performance. The corporate governance we have in our country is exceptional. The transparency of the companies is extraordinary. All of that go

November 14th, 2022Committee meeting

Timothy Egan

Foreign Affairs committee  That's a serious risk to future investment in the sector in Canada.

November 14th, 2022Committee meeting

Timothy Egan