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Environment committee  I don't have the numbers. Let me give you an example. The next biodiesel project near Red Deer will cost close to $500 million. Ethanol projects all cost multi-hundreds of millions of dollars, as do wind farms. Those are just the actual projects. That does not include anything for compliance under a large final emitter program, nor does it include R and D.

December 5th, 2006Committee meeting

Pierre Alvarez

Environment committee  Chair, the industry broadly this year will be investing about $40 billion in capital. That's across the country. About a quarter of that, on an annual basis, is in the oil sands.

December 5th, 2006Committee meeting

Pierre Alvarez

Environment committee  Thank you very much, Mr. Chairman. We greatly appreciate the efforts of the clerk to accommodate us on the schedule. Considering the subject of today's committee hearing, the fact that we're doing this by video conference, I think, is appropriate. CAPP is the industry association representing about 150 companies and 98% of the production here in Canada from the east coast to the north.

December 5th, 2006Committee meeting

Pierre Alvarez

Natural Resources committee  On the reclamation, when you're in Fort McMurray you'll see that Syncrude's first pit has been reclaimed; it is now being reforested and has a herd of buffalo on it. You will see that things do change. There's a lot of things going on, and I think we walk a fine balance, but you need to keep doing better.

November 2nd, 2006Committee meeting

Pierre Alvarez

Natural Resources committee  There have been significant improvements. There is a lot of work being done, particularly with DFO, about sustainable withdrawals from the Athabasca River. Over time we will need to look at storage. We'll have to look at alternatives to water. It's a half full, half empty...I hadn't thought of that, seeing that we are talking about water.

November 2nd, 2006Committee meeting

Pierre Alvarez

Natural Resources committee  We may have started a little slower, but I would indicate we are catching up and catching up very quickly. It is moving very quickly, but we are going to bump into some growth problems. There are very real limitations right now to transmission capacity and distribution capacity on things like ethanol, biodiesel.

November 2nd, 2006Committee meeting

Pierre Alvarez

Natural Resources committee  Enbridge, TransCanada, yes.

November 2nd, 2006Committee meeting

Pierre Alvarez

Natural Resources committee  Mr. Tonks, it's a great question, but I don't think it's a question you can restrict to oil sands. Western Canada as a whole is on fire economically. Saskatchewan is short on labour and is seeing capital projects coming at very high rates. In B.C. it is the same thing. We have a period right now in western Canada where, yes, it's oil and gas, but it's also potash, it's uranium, it's the mountain pine beetle and the injection that's required from the cuts there, it's the municipal infrastructure, and it's Olympic infrastructure.

November 2nd, 2006Committee meeting

Pierre Alvarez

Natural Resources committee  I don't have an answer to that, but I'll get you one.

November 2nd, 2006Committee meeting

Pierre Alvarez

Natural Resources committee  Yes. We will have a look and give you a list of the projects under consideration, at least the ones that are public information--

November 2nd, 2006Committee meeting

Pierre Alvarez

Natural Resources committee  We'll get you one.

November 2nd, 2006Committee meeting

Pierre Alvarez

Natural Resources committee  Again, we're going to give you a range--for example, Weyburn, in southern Saskatchewan, where you had a reservoir that was very receptive, with a relatively cheap and available source of carbon dioxide, is at the bottom end of the range. If you are looking at large-scale capture and storage, I think the number that industry is talking about is in the $50-plus range for pure storage, with no enhanced oil recovery.

November 2nd, 2006Committee meeting

Pierre Alvarez

Natural Resources committee  There was one just down the road in Midale that Apache just opened last year, which is taking more of the carbon dioxide stream from EnCana. Kinder Morgan, which is a large Canadian pipeline company, is now proposing a billion-dollar project in Alberta with a number of enhanced oil recoveries.

November 2nd, 2006Committee meeting

Pierre Alvarez

Natural Resources committee  Mr. Chairman, would you like us to get back to you in writing? Is that your request, just so I'm clear?

November 2nd, 2006Committee meeting

Pierre Alvarez

Natural Resources committee  Thanks very much.

November 2nd, 2006Committee meeting

Pierre Alvarez