Bill C-30 (39th Parliament, 1st Session) committee  I would say the key thing again is to focus on accelerating the development of technology that will replace emitting generation. It looks to me like investment in clean coal technology, R and D, and beyond that in terms of actually supporting projects that are prepared to take th

Bill C-30 (39th Parliament, 1st Session) committee  Absolutely. It is the definition of sustainable development to be able to maintain the economic power to make the change to preserve the environment. It underpins our view of the long-term nature of the business and the changes that need to be made.

Bill C-30 (39th Parliament, 1st Session) committee  We see that in fact there will actually be a large capital stock turnover in the fossil-fired electricity sector in the 2015-2020 period in Canada. That's based on our internal analysis of the situation. However, we think that establishing firm targets provides the right signal f

Bill C-30 (39th Parliament, 1st Session) committee  Who would be entitled—was that your question?

Bill C-30 (39th Parliament, 1st Session) committee  That's correct; it's eight years, actually.

Bill C-30 (39th Parliament, 1st Session) committee  I can't speak to the comparative, but I certainly would say we are one of the largest, for example, wind energy generators in Canada.

Bill C-30 (39th Parliament, 1st Session) committee  I think I have two comments on that issue. The first is that I think it's important to recognize that intensity-based targets have an application for certain sectors, but we shouldn't speak generally about them. For the sectors with very strong growth in energy and emissions, int

Bill C-30 (39th Parliament, 1st Session) committee  TransAlta would strongly support the establishment of a regulatory framework. We believe that it is important to make progress, that certainty is critical for our decision-making. Since it is a long-term business, we need long-term certainty, so we are strong supporters of a regu

Bill C-30 (39th Parliament, 1st Session) committee  I think the short answer to your question is yes. Any increase in transmission capacity benefits the system as a whole and benefits the companies who are prepared to use the system to lower emissions. You're quite right that today TransAlta already moves electricity into B.C. It'

Bill C-30 (39th Parliament, 1st Session) committee  Thank you very much. I'm happy to respond to that. On your first question, we believe that simply access to international markets for emissions trading provides an additional supply of instruments for the compliance use of Canadian firms. So it is really a matter of increasing t

Bill C-30 (39th Parliament, 1st Session) committee  What would be the result of such a framework? TransAlta believes it could achieve the government's proposed target of a 65% reduction in levels of greenhouse gas emissions by 2050. We believe we could achieve similar levels of sulphur dioxide and NOx emission reductions in the sa

Bill C-30 (39th Parliament, 1st Session) committee  Thank you, Mr. Chairman. Honourable members, I will be sharing my presentation this afternoon with Dr. Bob Page, who is a senior adviser on climate change to TransAlta and was formerly our vice-president of sustainable development. TransAlta firmly supports the purpose and int