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Decentralized Democracy

Nathaniel Erskine-Smith

  • Member of Parliament
  • Member of Parliament
  • Liberal
  • Beaches—East York
  • Ontario
  • Voting Attendance: 64%
  • Expenses Last Quarter: $123,505.63

  • Government Page
  • Mar/19/24 4:50:39 p.m.
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Mr. Speaker, that is a great question because the answer is no. In fact, the Financial Times had an article the other day that said that insurance premiums are a hidden carbon price and that we are going to pay for climate action one way or the other. What I would put to my Conservative friends is, if we are going to pay one way or the other, surely we want to harness the power of the free market and pay as little as we possibly can.
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  • Mar/19/24 4:49:23 p.m.
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Mr. Speaker, as I mentioned in my speech, there is a comprehensive climate plan. It touches on many different areas. The price on pollution is responsible for a huge number of emission reductions when we look at the plan up to 2030, and it is responsible for between 23% and 30% of the overall plan. If we were to axe the tax, it would cost a lot to replace those significant emission reductions. That is if, on a threshold question, someone cared. If they do not care, then they should be honest about it and say they do not care. As to what we are doing otherwise, there are many different things. There are investments in public transit. There are investments in clean tech. There are rules on methane emissions. Yes, there are rules forthcoming, regulations that are being debated right now, around an emissions cap on oil and gas.
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  • May/17/22 1:35:59 p.m.
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Madam Speaker, the best argument is around opportunity costs and saying we should invest this money elsewhere, but my point is that there are many experts who do support CCUS technology, and when we look at the scale of the challenge, we should be examining and embracing every single opportunity to address climate change and reduce emissions. CCUS is one such option. We should not ignore it, and we definitely should not undermine it.
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