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House Hansard - 73

44th Parl. 1st Sess.
May 17, 2022 10:00AM
  • May/17/22 1:31:13 p.m.
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Madam Speaker, I listened with great interest to my hon. colleague. I guess I question some of the assertions he is making, given the $20 billion his government has put into building the TMX pipeline because there was no case for it in the private sector. This is to export oil, which will not be counted as part of Canada's net-zero emissions. The Canadian Energy Regulator estimates that the amount of oil being taken out of the ground and exported in Canada in 2050 will be equivalent to what it was in 2019. I do not see how the Liberals can talk about an emissions cap when they are actually talking about an increase in production of $1.2 million barrels a day, from a sector whose oil sands are considered to have the highest carbon footprint on the planet. How does he justify TMX, exports and the fact that the Liberals are looking to have more than a million barrels a day coming out of the ground, right up to 2050?
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  • May/17/22 1:34:11 p.m.
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Madam Speaker, I would say that there will be a role for oil and gas. I noted that by 2050, that role will be for non-combustion purposes principally. Certainly we are going to see a steady decline over the coming decades in the production and use of oil and gas, especially for combustion purposes. I suppose my answer is simply to say that I do not have the same challenges with our country as a producer as I would with a regime like Russia, for example. We are rightly prohibiting Russian oil and gas for good reason, but we also need to transition very quickly. We need to support that transition and make sure that we support our workers and our society in a future that is ultimately going to be net zero by 2050.
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