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Decentralized Democracy

Blaine Calkins

  • Member of Parliament
  • Member of the panel of chairs for the legislative committees
  • Conservative
  • Red Deer—Lacombe
  • Alberta
  • Voting Attendance: 66%
  • Expenses Last Quarter: $146,499.79

  • Government Page
  • Apr/26/22 1:58:28 p.m.
  • Watch
Mr. Speaker, I am at a loss at the lack of knowledge that my hon. colleague has when it comes to the oil and gas sector. This is clean sweet crude that is in carbon capture, utilization and storage technology. This is going into reservoirs that have long since been abandoned, after the water flood and everything else that has happened, to recover oil, because liquefied carbon dioxide actually unbinds that oil from the porous structures deep in the ground and releases that easy energy that we already have from all those years ago. This is the cleanest oil that we have. The carbon dioxide that is going down into the well stays down there. The only carbon that is coming up is from the oil that it has recovered through enhanced oil recovery. That money actually reduces the cost of the sequestration, because it is, in and of itself, providing for the cost of the sequestration. What the Liberals are doing with this budget is simply spending more money only on sequestration. There is no return on the investment at all, so it actually costs everybody more money, money that we could be investing in research and development for other clean technologies.
203 words
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