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Environment committee  The energy balance question is the easiest one to answer in the sense that if you use data and farming methodologies from the late 1970s and ethanol technology from the late 1970s you would get a negative energy balance. If you're using today's technology and today's agricultural

November 21st, 2006Committee meeting

Kory Teneycke

Environment committee  Industry will be there if there's clarity in terms of how it's going to be taxed, how it's going to be regulated. Right now we're operating in a vacuum and we're being told that everything is going to change, but we don't know what it's going to change to. It will come where ther

November 21st, 2006Committee meeting

Kory Teneycke

Environment committee  I'll give you one really quick example. The mountain pine beetle is often pointed to as a wholly negative force in terms of what it's going to do to the forestry industry. It's also creating an opportunity to make ethanol out of wood waste, which wasn't there before. So even in

November 21st, 2006Committee meeting

Kory Teneycke

Environment committee  I would agree with the 50-year number. I think it's at least that amount of time. The challenge for policy-makers is that there's not enough money both to fund that technology development and transition your economy and to spend money on foreign credits. There are just not enoug

November 21st, 2006Committee meeting

Kory Teneycke

Environment committee  No further comment.

November 21st, 2006Committee meeting

Kory Teneycke

Environment committee  I said I have no comment different from that. I don't think we had any conception, at the time we signed Kyoto, of what it meant. In terms of trying to meet it now, I think the only way to do it is by buying foreign credits, and I don't see government revenues being large enough

November 21st, 2006Committee meeting

Kory Teneycke

November 21st, 2006Committee meeting

Kory Teneycke

Environment committee  I think it's addressing a different issue. Insofar as the government has targets that are long term, stable, and viable both environmentally and economically, I think that's a positive piece of the puzzle. I would agree with those who are saying this is one component of what need

November 21st, 2006Committee meeting

Kory Teneycke

Environment committee  You're seeing some investments that were in late-stage development to fill demand and to meet the requirement in Saskatchewan, Manitoba, and Ontario have proceeded since that time. However, new investments are really waiting to see what the federal policy looks like—

November 21st, 2006Committee meeting

Kory Teneycke

Environment committee  From the government side, we've been in a very extensive period of consultation followed by, in the last couple of months, a period of waiting. The timelines originally laid out have been missed in terms of having a second interprovincial meeting in the fall and some announcemen

November 21st, 2006Committee meeting

Kory Teneycke

Environment committee  With respect to a carbon tax, we followed the proposal in Quebec with some interest. The concern I raise with any dedicated tax is that revenues go into general revenues, and our experience with dedicated taxes in the past hasn't been very encouraging. The road tax doesn't go to

November 21st, 2006Committee meeting

Kory Teneycke

Environment committee  Thank you very much for inviting me to join you today. I'm with the Canadian Renewable Fuels Association. We're the industry association for ethanol and biodiesel in Canada, as well as for other renewable technologies. Our industry is really going through an unprecedented glob

November 21st, 2006Committee meeting

Kory Teneycke

Finance committee  I guess it depends what outcome you want. In terms of creating a market for the fuels, that's quite easy to do in terms of passing a regulation requiring renewable fuel content, as the government has proposed. We have more renewable fuel production today than we did a few years

September 25th, 2006Committee meeting

Kory Teneycke

Finance committee  Yes, but will the supply be made in Canada? That is the question. These are NAFTA products and they'll travel freely across the Canada-U.S. border. The fact remains that if you pay less tax, less than half the tax to produce that fuel in the United States than you do in Canada, y

September 25th, 2006Committee meeting

Kory Teneycke

September 25th, 2006Committee meeting

Kory Teneycke