Natural Resources committee  I can think of a number of things. I think liaison between the people who are already successful in these industries.... Contrary to maybe the impression the committee got earlier, I don't believe that China is lagging in this, nor that India will lag either. The Chinese are bu

Natural Resources committee  Yes.

Natural Resources committee  I agree with the numbers from an Alberta and Saskatchewan point of view. For Ontario and Nova Scotia and New Brunswick, provinces that also burn coal, their cost of fuel is significantly higher than it is in Alberta. Ontario buys its coal from the United States, from Appalachia,

Natural Resources committee  Well, take Ontario, for example. If Ontario decided to go with an IGCC power plant, the cost of that energy would be above the 50% mark, in my opinion.

Natural Resources committee  There are very few coal-fired plants that have been built in the United States in the last 10 years. They've all been gas plants, and that's why the price of gas is so high.

Natural Resources committee  Thank you very much. How is industry going to lead this whole process? Is that the question you were asking?

Natural Resources committee  The most important thing from an industry point of view is that we have some understanding of what's going to unfold, that we see policies and regulations come out with a realistic timeframe, from a business point of view. What I see in the long run is that a lot of the less ef

Natural Resources committee  I apologize, but my French is not good. I have not lived in Longueuil for a long time now.

Natural Resources committee  Take a look at the existing projects that are out in the world today. Most of them were built seven to ten years ago. None of them has operated totally reliably. They were demonstration projects, and they were designed to be such. They tried different things. The ones that have s

Natural Resources committee  Well, on the acid gas emissions, the regulations, in a lot of cases, have driven whether these plants are retrofitted or not. Right now, we understand that carbon dioxide is an issue. We sell coal. We're not in the power business. But we recognize that our customers do have the

Natural Resources committee  In a regulated environment, the price of the power would be adjusted to take care of the capital costs or any additional bells and whistles that would need to be put on these plants. In a non-regulated environment, the power producers would then dispatch into the system at a dif

Natural Resources committee  In much of the country the price of power is regulated, so we end up with situations where there's a very determined type of approach to telling what the price of the electricity is going to be. That determined approach is based on the mix of various forms of electricity producti

Natural Resources committee  Yes, I believe so.

Natural Resources committee  It has been the price of power. There's been tremendous pressure on the industry to make sure power rates are reasonable for the country. Canada, as a country, has relatively low power rates. But we compete internationally, and our labour rates are much higher. If you go to Chi

Natural Resources committee  I have two comments. My initial reaction to the CO2 issue is that we're trying to solve the problem in one swoop. It's going to be extremely difficult for our industry to do that, and that's going to manifest in what people come to tell you--that the lights will go out if that's