44th Parl. 1st Sess.
April 18, 2023 10:00AM
- Apr/18/23 1:17:56 p.m.
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Madam Speaker, my colleague for Repentigny has been up and down so often to talk about carbon capture technology she must be getting dizzy. Maybe my Liberal colleagues should have a word with their speech writers, because everything they say is something they have said before. Here we are, still talking about this technology, when better-informed countries across the world are moving away from it, now that it is known to be ineffective.
The United States is dropping its incentives to use carbon capture technology, while we are adding more. I would like to understand the logic of it all. The government says it wants to fight climate change, yet it encourages the oil companies with measures like this one.
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- Apr/18/23 1:46:15 p.m.
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Madam Speaker, I appreciate the comments made by the member opposite, but I am confused. The program we have in place to fight climate change, the price on pollution, has shown to be the best market mechanism to actually combat greenhouse gas emissions. This is about the future, as is investing in clean tech. I am wondering why the member opposite believes that we are not focused on the future when this budget is all about the future.
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- Apr/18/23 3:03:05 p.m.
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Mr. Speaker, since the opposition likes to quote the PBO report on the issue of climate change, let me quote the PBO. He said, “I am concerned at times about looking at just one aspect of the report”. I continue quoting the PBO, who said, “Doing nothing would also have costs.”
In fact, if the Conservatives were interested in climate change, they would look at the PBO report, which shows that it already cost Canadians $20 billion in 2021 for the impacts of climate change. What is their response? It is that climate change is a hoax.
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- Apr/18/23 3:04:25 p.m.
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Mr. Speaker, I am very happy to remind the hon. member that Conservatives never met any target that they had set on climate change.
The national inventory report—
Some hon. members: Oh, oh!
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- Apr/18/23 4:37:07 p.m.
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Madam Speaker, as we know, inflation is a global issue that everyone can acknowledge is a product of supply-chain disruptions left over from COVID-19 and the war that Russia has waged on Ukraine. There are many factors associated with global inflation, but what we have to acknowledge is that fighting climate change is a part of the solution to combatting inflationary pressures in our economy. That is exactly why our government is saying that we cannot really fight inflation without fighting climate change.
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- Apr/18/23 4:37:50 p.m.
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Madam Speaker, my colleague is pleased to be pleased, as they say. He talked a lot about climate change, saying that Canada is good, that it is strong and that everything is fine. I just want to point out to my colleague that our net emissions went up again this year. We are still one of the worst countries in the world in that respect.
There are many measures in the budget. Oil companies are getting tax credits to green their record, for greenwashing, as my colleague mentioned earlier. Last year, in 2022, Exxon Mobil made $56 billion in profits; Shell made $40 billion; Total made $36 billion; Chevron made $36 billion; and BP made $27 billion.
How can my colleague justify giving those companies even one cent?
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- Apr/18/23 4:38:35 p.m.
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Madam Speaker, obviously we disagree. I am very proud of the action that our government is taking on climate change, including the massive investments that we have made and commitments that we have enshrined into law. It is clear to me that emissions reductions are already being had in Canadian society across many industries and are only going to deepen as we implement the many different measures that are in budget 2023. I do not see anything other than a legitimate, authentic commitment to reduce emissions and adapt to the changing climate and to get to the root causes of climate change.
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Madam Speaker, I thank the member for Whitby for his focus on climate change, which is an issue I would hope that all of us take very seriously.
Bill C-12 set an emissions objective for 2026 and that objective is 20% below 2005 levels. The recent emissions inventory that just came out for 2021 had Canada's emissions at 8.4% below 2005 levels, so we have another 11.6% to go in only five years and yet what we saw in 2021 was that emissions were higher by 1.8% over 2020 levels. Therefore, if emissions are going up and we are trying to hit a target that needs them to go down, how do Liberals make that work?
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