44th Parl. 1st Sess.
April 7, 2022 10:00AM
- Apr/7/22 2:29:10 p.m.
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Mr. Speaker, I believe the conversation yesterday was about our investments working, so maybe I can quote some investments that have been made in his province of Ontario: $6 billion with GM in Oshawa for an electric vehicle plant and $5 billion between LG and Stellantis in Windsor to make the transition to electric vehicles. These are only some of the investments we have made. In fact, our emissions are going down by 30 million tonnes already, and that is just the beginning.
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- Apr/7/22 2:33:38 p.m.
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Mr. Speaker, just a few days ago, the IPCC released an alarming report.
This is an emergency. The future of our children and grandchildren is at risk. We must take bold action.
The Minister of Environment took action: He approved a new fossil fuel project. He will continue to hand out billions of dollars to oil and gas companies. He could have said no to this project, but he said yes to more oil and more emissions.
Does the minister understand that an additional billion barrels of oil is not a green project?
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- Apr/7/22 2:34:53 p.m.
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Mr. Speaker, I would like to remind my hon. colleague from Rosemont—La Petite‑Patrie that the IPCC stated that to limit global warming to 1.5°C, countries must reduce their emissions by 43% by 2030. Canada's objective is to reduce emissions by 40% to 45%.
The IPCC said that all sectors must reduce their greenhouse gas emissions. The plan we introduced in the House last week clearly shows how all sectors in Canada are in the process of reducing their greenhouse gas emissions.
The IPCC also noted that, despite everything we are going to do, we will continue to consume oil, with 35 million barrels in 2050. That oil must emit as few emissions as possible and they must be sequestered.
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- Apr/7/22 2:36:15 p.m.
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Mr. Speaker, what the IPCC said in its report this week is that in order to prevent global temperatures from rising beyond 1.5°C, countries have to reduce, between now and 2030, their greenhouse gas emissions by 43%. We are on track to reducing them by 40% to 45%. The IPCC said that every sector of our economy needs to be reducing its emissions.
I tabled last week in the House a report that shows how exactly we are going to do that between now and 2030. The IPCC also recognized that we will still be using fossil fuels even in 2050, and we need to make sure that these are as low-emitting as possible and we need to capture all of the emissions.
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- Apr/7/22 2:37:48 p.m.
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Mr. Speaker, certainly, carbon capture and sequestration is one tool in a broad tool box associated with reducing emissions across the economy, starting with putting a price on pollution and working through regulatory mechanisms and investment mechanisms, as well as tax measures.
We have been clear that there will be a tax credit associated with the implementation of carbon capture and sequestration technologies. That will be something that the hon. member will hear about a little bit later from my colleague, the Minister of Finance.
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- Apr/7/22 2:45:23 p.m.
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These vehicles and many others we need will continue to use oil. That is why we chose a project for the planet that emits 10 times less greenhouse gas emissions than the oil sands and five times less than the average project.
This project will have to achieve net-zero emissions. This is the first time in Canadian history that we have imposed such a condition on an oil development project. We will continue to work to fight climate change.
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- Apr/7/22 2:45:52 p.m.
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Mr. Speaker, there is one person here who approved one billion barrels, and he is on the other side of the House.
Reducing emissions by 43% by 2030 means we all need to roll up our sleeves: governments, businesses and citizens. The minister's approval of Bay du Nord sends a very bad message, that it is no big deal. Talk about wishful thinking. The IPCC was clear. We must reduce our oil production and consumption now.
By approving it, does he realize that he is contributing to climate warming here and abroad for years and years to come?
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- Apr/7/22 2:47:03 p.m.
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Mr. Speaker, a week after presenting his plan to reduce greenhouse gas emissions, the Minister of the Environment approved the folly that is the Bay du Nord project, which will emit a staggering 430 megatonnes. In the category “say one thing and do the opposite”, this is tough to beat.
This brings us to what UN Secretary-General Antonio Guterres said on Monday about efforts to fight climate change: “Some governments...are saying one thing, but doing another. They are lying.”
Was he talking about Canada?
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- Apr/7/22 2:47:38 p.m.
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Mr. Speaker, I assure my colleague that he was not talking about Canada.
We have a price on pollution that is among the most ambitious in the world. We have regulations on methane emissions, and we will cut those emissions almost in half by 2025 and by 75% by 2030. That is one of the most ambitious targets on the planet. We are investing in electrification and public transit, to decarbonize the aluminum sector in Lac‑Saint‑Jean and the steel and auto sector in Ontario and other parts of Canada.
Our plan is working. Emissions are already starting to go down and we will keep working at it.
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- Apr/7/22 2:49:03 p.m.
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Mr. Speaker, we know that our government is ensuring that farmers in Canada are getting the support they need.
We are well aware that at this time, springtime, they need inputs and fertilizer. That is why we are doing everything we can to ensure that fertilizer arrives in Canada and gets to our farmers.
Last week, we announced the emissions reduction plan, which included $1 billion to support our farmers.
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- Apr/7/22 2:52:25 p.m.
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Mr. Speaker, when we reformed environmental impact assessments under Bill C-69, we made a commitment that we were going to depoliticize the process of environmental projects in Canada. Our government has accepted the environmental impact assessment done by the agency, which conducted a rigorous, robust and transparent process that lasted almost four years. This project will include requirements for net-zero emissions by 2050 and 137 other environmental protection measures. The project aligns with the government's ambitious emissions reduction plan and will need to fit under the emission cap for the oil and gas sector.
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- Apr/7/22 2:53:05 p.m.
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Mr. Speaker, Alberta families want to do their part to help Canada meet its emissions targets, and they deserve good-paying jobs in the new economy, yet the government continues to abandon them. Instead of diversifying our economy, the government gave billions of dollars to big oil companies on vague promises to reduce emissions. Guess what? Those billions resulted in almost no reductions.
In today's budget, will the government finally invest in Alberta workers and families?
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- Apr/7/22 3:16:11 p.m.
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Mr. Speaker, the IPCC did not say what he just said. The secretary general of the United Nations said that. There is a big difference.
The IPCC said every country needs to reduce its emissions by 43% by 2030. That is exactly what we are doing. The IPCC said any fossil fuel that we will still be using needs to be abated. That is exactly what we are doing by putting in place mandatory measures for net zero by 2050. We will continue to do that.
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- Apr/7/22 4:44:34 p.m.
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Mr. Speaker, the minister has heard from hundreds of experts who have told her that carbon capture, utilization and storage is “neither economically sound nor proven at scale, with a terrible track record and limited potential to deliver significant, cost-effective emissions reductions”, yet despite the IPCC just releasing another damning report about the state of the climate crisis, carbon capture and storage is the cornerstone of the climate efforts in the budget.
Does the minister recognize that the over two and a half billion dollars they have allocated for carbon capture and storage is a missed opportunity to build national renewable energy projects, like a western power grid that could put people to work and actually help us create new renewable sources of energy in Canada? This is something we absolutely have to do if we are going to electrify our economy and lower greenhouse gas emissions.
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- Apr/7/22 4:45:37 p.m.
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Mr. Speaker, I think Canadians at home listening to the proceedings of the House will be a bit confused by what they are hearing, because they have heard a lot about collaboration between progressive parties, yet on this issue, I must differ from my hon. colleague. I absolutely believe in, and our budget is very clear on, the value of CCUS when it comes to a realistic, achievable and attainable emissions reduction plan.
The oil and gas sector is part of the Canadian economy and needs to be part of our emissions reduction effort. The CCUS plan, which we have worked on collaboratively with our environmental partners and oil and gas partners, is a very important part of that plan. It will help Canada reduce its emissions, and that is something that I think all of us agree is essential.
The member has spoken about the need to invest in renewable energy. We agree. That is why this budget includes considerable investments in the green transition, building on the vast investments in the green transition that our government has hitherto made, including the Canada growth fund, which will crowd in private capital for this essential economic transformation.
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- Apr/7/22 4:47:20 p.m.
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Mr. Speaker, this appears, like all the other budgets so far from the government, to be one with lots of spending and good intentions but no results. The Parliamentary Budget Officer states that there are as many Canadians living in vulnerable homes now as there were when the government started, despite billions spent. Despite billions spent, the Library of Parliament says GHG emissions are going up every year. The Library of Parliament also says the government has had the 29th worst performance on debt-to-GDP ratio. Furthermore, the report “The Long Road” says Canada, for the next 30 years, will have the worst economic growth in the OECD.
If non-stop spending and crippling debt have not worked so far, what has changed that is going to work now?
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