Voluntary,
market-based
approach
favored

Regulation to reduce emissions
could hurt economy, says Baldwin
A

He said Canada's petroleum
approach to reducing carbon,
industry, an im!X)rtant conrribu dioxide emissions is the best
tor to the national economy
choice for Canada, lmperial's
shares society's concern o\·er the
senior vice,president
Doug
environmental
impacts of
Baldwin told the Canadian
greenhouse, gas emissions.
Council of Energy Ministers in "Environmental protection has
Victoria in September.
long been a fundamental princi ple shared across our industry,·,
Speaking on behalf of the
Canadian
Association
of Baldwin said. "In response to
the climate-chan ge challenge
Petroleum Producers (CAPP),
Baldwin told the energy minis , specifically,we have been acti\·e
in promoting the deters that prescriptive
velopment of emisregulatory measures
sions inventories
to limit and reduce
providing informaemissions could slow
tion to our members
economic growth
on energy efficiency
and limit Canada's
andother~ability to compete in
gas reduction opworld markets.
portunities.
And
"CAPP believes
we will continue to
that a voluntary pro,
seek and deYelop
gram is the strategic
new solutions.
choice in responding DougBaldwin
''\Y/e do not supto Canada's inter,
national commitment to emis- port adopting more prescriptiYe
They
sions reduction," Baldwin said. fiscalor regulatorym~
run counter to improYing our
"It can help test and demon,
andmaineconomic performance
strate reductions in emissions
taining our competitiYe ~ition
and ensure that the most cost,
effective steps are taken first. It in the international market,
will avoid the costs of both reg, place. Canada's economic ·wellbeing will best be preserved
ulatory design and enforcement.
It will engage the broadest spec, if we advance carefully in retrum of society, and, above all_, it sponding to our internati onal
will minimize the risk of severe climate-change commitment
. damage. ,,
and factor economic realities
econom1c
VOLUNTARY, MARKET-BASED

into our cnYir n.menral go:ll~.
This will ensure that we keep
pace with other de,·doped
countries and that we do not
place an undue burden on our
precarious eeonomic siruatit n."

Employees
, spousesinvitedto a

Stress-mani
self evaluati
\\ HY WOULD YOU WANT TO

take time away from your busy
work schedule to attend a
seminar on stress management.
There are a t le ast two g od
reasons, according to
Sandra Stark of Performance Coaching ln c.,
the highly speciali:ed
Canadian
firm that
Imperial has ret ained to
put on stress-management
seminars for its employees
and their spouses.
uFor one," says Stark, "'you'll
find out the level of your own
stress and what causes it. And
two, you' ll learn h ow to become
more resilient and better able to
handle that stress.''
Panicipants at the day-long
seminars are first asked to com-