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Natural Resources committee  What I could say to that is that I think we fully recognize the impact that this new industry will have on our province, which is why we've been quite bullish on it and any opportunities it will bring. We feel it positions us quite strongly as a province that has fully relied o

February 15th, 2024Committee meeting

Andrew Parsons

Natural Resources committee  What I would say, and I think I've made it quite clear here during this testimony, is that this province supports oil and gas development. In fact, we support exploration. We will have multiple drilling opportunities this summer in our offshore. Talking about bids, in fact, any b

February 15th, 2024Committee meeting

Andrew Parsons

Natural Resources committee  I'm not sure if this question is directed towards me or my colleague, but—

February 15th, 2024Committee meeting

Andrew Parsons

Natural Resources committee  As a member of the Government of Newfoundland and Labrador, we want to move forward with the development of our offshore resources. We have a very strong history of joint management under multiple governments—certainly far before my time and it will be well beyond my time—when it

February 15th, 2024Committee meeting

Andrew Parsons

Natural Resources committee  I don't believe amendments are required. I can say that our oil and gas and our fishing industries have coexisted for some time. In fact, I think that consultation will be a part of this. Prior to any project's going forward, it would have to go through an environmental assessmen

February 15th, 2024Committee meeting

Andrew Parsons

Natural Resources committee  I don't believe I said there were no prospects. I said that right now there are no projects that have been approved. In fact, there has been interest in our wind from offshore organizations for more than a decade. We're finally at a point now where we feel we can move forward on

February 15th, 2024Committee meeting

Andrew Parsons

Natural Resources committee  When I was speaking earlier, I meant a reference to Muskrat Falls. What I would say, as it relates to the provincial government, is that we will not be subsidizing, but I do believe that federal subsidies will be required for the development of these projects. I think it's a conv

February 15th, 2024Committee meeting

Andrew Parsons

Natural Resources committee  What I would say in generality is that I do believe in climate change and I do believe that there are measures that had to be taken to address that. Again, it could require much longer than this committee has for us to get into the intricacies of that. We do have a carbon pricin

February 15th, 2024Committee meeting

Andrew Parsons

Natural Resources committee  We are waiting for that result, yes.

February 15th, 2024Committee meeting

Andrew Parsons

Natural Resources committee  Having been at the world hydrogen conference, I had the chance to tell the world about Newfoundland and Labrador, the resource we have and all the things you need to make it in an economically feasible way. One of the big things is educating people on the proximity. We are closer

February 15th, 2024Committee meeting

Andrew Parsons

Natural Resources committee  There are two things I would say. I would reiterate that proposed section 56 has not been brought to my attention by anybody in the field or in the province as being a concern. Second, we were a part of this process and this legislation.

February 15th, 2024Committee meeting

Andrew Parsons

Natural Resources committee  I think my take on this would be that, in fact, certainly there were significant monies spent in 2015, 2016 and 2017, but the downward transition actually started happening around 2020. When I came into this role in August 2020, we actually had an industry that was completely shu

February 15th, 2024Committee meeting

Andrew Parsons

Natural Resources committee  No. What I was saying is that we have seen that trend. All I can say is—

February 15th, 2024Committee meeting

Andrew Parsons

Natural Resources committee  If I had a chance to answer—

February 15th, 2024Committee meeting

Andrew Parsons

Natural Resources committee  There are just a couple of things. Certainly, I still believe that Bay du Nord is not just a probability. I do think it will happen. At the same time, when we talk about the term “diversification”, this is the opportunity for true diversification when we can have an offshore tha

February 15th, 2024Committee meeting

Andrew Parsons