SoVote

Decentralized Democracy

House Hansard - 201

44th Parl. 1st Sess.
May 29, 2023 11:00AM
  • May/29/23 10:03:41 p.m.
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Madam Chair, we are also going to talk about hydrogen. You are establishing a tax credit for investing in hydrogen. To your knowledge, will hydrogen produced from natural gas be eligible for this tax credit?
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  • May/29/23 10:03:59 p.m.
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Madam Chair, when it comes to hydrogen, our approach is to have a system that will make it possible to determine the carbon content of the hydrogen that is produced.
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  • May/29/23 10:04:21 p.m.
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Madam Chair, I would like to ask the minister another question. Is that tax credit reserved only for green hydrogen, the type of hydrogen that Canada's allies who are committed to the fight against climate change really want to buy?
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  • May/29/23 10:04:42 p.m.
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Madam Chair, we understand the importance of having a system that investors can compare with those of other administrations. That is what we did with hydrogen.
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  • May/29/23 10:04:59 p.m.
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Madam Chair, Germany wants green hydrogen. That is what it is asking for. Why then is the government offering a tax credit for the production of grey hydrogen? There are all sorts of colours of hydrogen and the colour depends on the source from which the hydrogen is produced. Right now, it is grey hydrogen. Why invest in that?
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  • May/29/23 10:05:20 p.m.
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Madam Chair, I very much appreciate the questions about the green transition and hydrogen. I agree that our allies, the investors, are very interested in Canada's hydrogen production. We think the ideal approach is to talk about the carbon content—
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  • May/29/23 10:05:47 p.m.
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Madam Chair, the minister is giving an investment tax credit for clean technology. Since we do not agree on what is clean and what is not when it comes to hydrogen, I would like to know what range of technologies the government considers to be clean. Can you confirm that this credit will not be used to fund projects related to the oil and gas sector?
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