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Canadian energy and enviro official Jim Prentice discusses post-Kyoto legislation

As the G8 countries prepare to meet later this week, one of the items they are expected to discuss is the creation of a post-Kyoto agreement for greenhouse gas reductions. During today's episode of OnPoint, Minister Jim Prentice, Canada's Minister of Indian Affairs and Northern Development, who was recently appointed chair of the Canadian government's cabinet committee on the environment and energy security, discusses his country's expectations for the G8 Summit. Minister Prentice talks about Canada's regulatory framework relating to greenhouse gases, and he explains why Canada has had difficulty meeting Kyoto targets. He also comments on corporate average fuel economy standards and the responsible exploration of the Alberta oil sands. Please note, this interview was taped on May 23, 2007, prior to the White House's global greenhouse gas emissions announcement.