Environment committee  That's only to the extent that they've been firmed up with policies that actually are going to be effective, so it's not enough for the Government of Ontario to say that it's going to set some targets; what we really need are some specific policies. Where those exist--such as Hyd

Environment committee  Very much so.

Environment committee  Unfortunately, the answer is no. So far the Europeans, on a policy design basis, have done better than we have in Canada in implementing policies that have a better chance of reducing emissions, but the models they use are still, in my view, overstating their ability to achieve t

Environment committee  Yes, we have those.

Environment committee  For example, the rate of use of transit for commuting increases, and that's a little bit because of the effect of the Conservative transit pass tax credit, but it's especially because of investment in improved transit, some of it funded by both provincial and federal governments.

Environment committee  Yes, it is.

Environment committee  Yes, it is.

Environment committee  The oil sands producer could decide to do nothing different from business as usual in their own plant or activity in terms of reducing emissions and instead subsidize. In other words, instead of government subsidizing, the oil sands producer would subsidize reduction actions by o

Environment committee  It's mostly a transfer of funds to transit users. Universally, research shows that only a tiny percent of automobile commuters would be motivated to switch to transit by that tax credit. Therefore at least the taxpayer cost per tonne of CO2 reduced is, we think, well above $1,000

Environment committee  Yes, and my apologies. I was completely unaware of what the topic was. I just knew you wanted to hear me as a committee. So am I permitted to talk about--

Environment committee  I'm almost finished here. What I would say, with respect to the G8 discussion and the previous speaker and other discussions, is that what I'm hearing is that this is a first in the sense of having the United States and other major countries agree that we need a global agreement

Environment committee  I'm still here, if you can hear me.

Environment committee  That's correct.

Environment committee  Yes, thank you. Hello, everyone. I'll keep it quite short so we can better have time for questions, and I'll also try to be very brief in my answers to questions. I released a report with the C.D. Howe Institute, as I think everyone's aware, a week or so ago. That was somethi

Environment committee  I'm here now.