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12:26:14:00
VEZINA (CONT’D): In 1981 we did this business plan, and I
love when people ask me for numbers because this is the
most favorite part of my job - is the pages and pages and
pages of numbers. And what we propose to do is build a 1000
metric ton a day, 300 megawatt electrolytic hydrogen
ammonia plant using the vast amounts of hydroelectric power
which were surplus in Ontario back then. The plant
completely paid for itself in five years, made 100 million
dollars a year after that, and provided enough fuel for half
the fleet vehicles in cities of Toronto, Ottawa and Montreal.

Had our government, instead of former Prime Minister Brian
Mulroney giving 28 billion dollars in taxpayer’s subsidies to
the oil industry and the Liberal governments in-between. And
our present Prime Minister continues the wonderful practice of
using taxpayer’s money to subsidize industry to kill their
children. The science is clear that 40% of all children born
now will develop asthma. The direct relationship between the
health consequences and hydrocarbon fuels are very clear.

The economic consequences of importing energy are well
known to everybody, and although the environmental result
of the Brazilian experiment to go to alcohol fuels is somewhat
dubious. The fact of the matter is that you can spend ten
times as much on domestic energy as you do on imported
energy and you’re better off because the money and the jobs
stay in your own economy and someone else doesn’t buy
your country for five cents on the dollar – something that
both Canada and the United States have experienced.

12:28:21:00
VEZINA (CONT’D): And so we did a business plan because
politicians like you to bring them lots of business plans, and
they didn’t want to fund the real answer so they said, "Well
why don’t you do another business plan on a dog and pony
show?" And so we did another business plan on how to
convert 100 fleet vehicles to do a fleet demonstration.

And the Minister of Energy and the Minister of the
Environment were on the news telling everybody how,
assuming we could make it on a competitive basis with oil,
that was the kind of thing that they would encourage and
support. And their departments were working very closely
with us and this project would come on-stream in the very
near future. And after three-and-a-half years of negotiations
the government of Canada did one very, very, very important
thing.

Fortunately I’m the only person alive that knows about it
besides the people that took the cheque for the report. They
hired a company called Chemetics International which was a
division of CIL, and Chemetics International took our secret
business plan, which we have never given them and we had
non-disclosures and all kinds of papers that no one could give
it to anybody. And they obtained it and they did a report on
ammonia as a vehicle fuel. And this report was published in
April of 1984.

It’s very important that you understand the conclusions. It’s
absolutely wonderful to be here today because everything
that they recommended be done was done by somebody else
for some other fuel, except for some of the few things that
we did, and history made it happen anyway. But I just want
to take a couple of seconds and read a couple of pages of
this. And I normally don’t give speeches with notes or
anything else because of the first speech I gave in my life,
but here it goes.