44th Parl. 1st Sess.
April 4, 2022 11:00AM
- Apr/4/22 12:06:49 p.m.
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- Re: Bill C-8
Madam Speaker, absolutely I hear about that constantly every day. The thing that frustrates my constituents so much is that the government absolutely refuses to listen to the truth about the circumstances they are facing. The increase in the carbon tax, and inflation especially, is causing everything to go up. Of course, the ability to afford a home has become a scenario in which people are house poor if they do take that step and spend so much of their income on a house that is really, truly unaffordable.
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- Apr/4/22 12:38:05 p.m.
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- Re: Bill C-8
Madam Speaker, my colleague was extremely critical of the carbon tax, which does not apply in Quebec, I must point out. The question I have for my colleague is therefore out of a genuine interest in understanding the Conservatives' position.
I have heard several Conservatives talking about abolishing the carbon tax, calling it unnecessary and even harmful. Then again, I have also heard one prominent Conservative, Jean Charest, say it should not be abolished, but rather capped and not increased immediately.
I am really trying to understand what the Conservatives' position is. Do they want to abolish the tax or cap it?
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- Apr/4/22 2:58:18 p.m.
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Mr. Speaker, climate change is the greatest long-term threat to our country. It is an existential threat, yet we know that a market mechanism, and an important mechanism, is carbon capture, use and storage. Important investments were made in budget 2021.
We have put on the floor of the House the emissions reductions plan. It is an ambitious plan. It is an important plan, and we will continue to work with industry and all stakeholders to make sure that we get to where we need to be to save the planet and have good, long-paying jobs across the country.
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- Apr/4/22 2:58:45 p.m.
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Mr. Speaker, the International Energy Agency has stated that carbon capture, utilization and storage is the most near-term available technology to mitigate climate change. Deployment will amount to approximately 7% of the world’s GHG reduction targets. Canada was at the forefront of developing carbon capture. Billions of dollars have been spent by industry and governments to advance the technology, making it a Canadian technology champion.
Will the government commit to ensuring that this environmental leadership remains in Canada, or will we see more inaction that will move more jobs to the United States?
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- Apr/4/22 2:59:25 p.m.
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Mr. Speaker, to fight climate change, we need all available technologies, and that is exactly what our approach has been so far. In budget 2021, we committed to put in place a tax incentive for carbon capture and storage, which is in fact featured in today's IPCC report as a technology we absolutely need to tackle climate change.
We should not put all our eggs in that basket. It is part of our plan. Five per cent of our plan rests on carbon capture and storage, but we need to invest in transit. We need to invest in solar, in wind and in electrification. By doing all these things, we will get to our target.
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- Apr/4/22 3:00:05 p.m.
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Mr. Speaker, the Minister of Natural Resources told delegates at the IEA meeting that he would be implementing a 45Q-type regime to capture carbon in Canada. The American 45Q tax credit has pulled investment away from Canada because it includes enhanced oil recovery, yet the same minister co-wrote an article saying that EOR should not be part of our carbon capture regime. There is one story for people who know what is required and another when pandering to special interests at home.
Which side of his mouth will the minister be talking out of now, and how many more jobs do we have to lose to the United States?
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- Apr/4/22 3:58:32 p.m.
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Madam Speaker, the Conservatives often talk about abolishing the carbon tax to help people cope with the increased cost of living. I think there are other ways to achieve this, since the carbon tax is a good way to combat climate change.
The Bloc Québécois has made a few suggestions, such as doubling the GST rebate for quarters in which inflation surpasses the Bank of Canada's target, increasing the monthly Canada child benefit in accordance with inflation and providing targeted support for the sectors that are suffering the most from increased input costs.
Does my hon. colleague agree with these suggestions and does he expect to see these kinds of measures in the budget on Thursday?
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- Apr/4/22 3:59:21 p.m.
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Madam Speaker, when we talk about the carbon tax as a way to disincentivize people from using necessities for them such as their vehicles or heating their homes, we think that is an ineffective way to address climate change. One of the ways that we can address climate change is through technology, making sure that we are making investments in things like SMRs and vSMRs, making sure that we are collaborating with those in our agricultural sector, who are leaders and environmental stewards. That is incredibly important.
It is also very important that we collaborate on ways to support individual families, make sure that those supports are means tested and make sure they are able to support their families so they do not have to make those terrible choices, as I mentioned before, between heating and eating.
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- Apr/4/22 5:23:22 p.m.
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Madam Speaker, I certainly appreciate the member's contributions to the debate today. Specifically, I would like to ask him about carbon capture, utilization and storage. The government has been making promises, through the Minister of Finance, to the energy industry. It has said it will support an investment tax credit to allow for those pathways to net-zero projects to move forward. There are a number of energy companies waiting for that. If we do not see those kinds of investments being made, they will simply go to other regions or places and we will be left with fewer jobs and less opportunity.
Where do the New Democrats stand on carbon capture, utilization and storage? Do they believe it is a fossil fuel subsidy or a way to responsibly develop our resources?
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- Apr/4/22 5:24:14 p.m.
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Madam Speaker, I had the opportunity to work on carbon capture in one of the first testing projects in Fort McMurray, but in reality how much has it captured? It is zero today, and that was about seven years ago.
We do not know the number. We do not know how much carbon is being captured by sequestration. When we are talking to these companies, their numbers range, so which is it? Is it a scientific fact or is it a scientific fantasy? I think in many ways we have to follow the science, and it is not in carbon capture.
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- Apr/4/22 6:15:28 p.m.
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Madam Speaker, I agree with the member for Saanich—Gulf Islands. Party position or not, my personal position is that we should not be subsidizing the fossil fuel industry, full stop.
Her question is about subsidizing through carbon sequestration. I would like to get into the details of that. I do not think that carbon sequestration is a long-term objective. Could it be used in the short-term? I think the technology is not there yet, and therefore it will never happen.
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