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House Hansard - 55

44th Parl. 1st Sess.
April 7, 2022 10:00AM
  • Apr/7/22 2:34:53 p.m.
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Mr. Speaker, I would like to remind my hon. colleague from Rosemont—La Petite‑Patrie that the IPCC stated that to limit global warming to 1.5°C, countries must reduce their emissions by 43% by 2030. Canada's objective is to reduce emissions by 40% to 45%. The IPCC said that all sectors must reduce their greenhouse gas emissions. The plan we introduced in the House last week clearly shows how all sectors in Canada are in the process of reducing their greenhouse gas emissions. The IPCC also noted that, despite everything we are going to do, we will continue to consume oil, with 35 million barrels in 2050. That oil must emit as few emissions as possible and they must be sequestered.
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  • Apr/7/22 2:36:15 p.m.
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Mr. Speaker, what the IPCC said in its report this week is that in order to prevent global temperatures from rising beyond 1.5°C, countries have to reduce, between now and 2030, their greenhouse gas emissions by 43%. We are on track to reducing them by 40% to 45%. The IPCC said that every sector of our economy needs to be reducing its emissions. I tabled last week in the House a report that shows how exactly we are going to do that between now and 2030. The IPCC also recognized that we will still be using fossil fuels even in 2050, and we need to make sure that these are as low-emitting as possible and we need to capture all of the emissions.
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  • Apr/7/22 2:45:23 p.m.
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These vehicles and many others we need will continue to use oil. That is why we chose a project for the planet that emits 10 times less greenhouse gas emissions than the oil sands and five times less than the average project. This project will have to achieve net-zero emissions. This is the first time in Canadian history that we have imposed such a condition on an oil development project. We will continue to work to fight climate change.
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  • Apr/7/22 4:44:34 p.m.
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Mr. Speaker, the minister has heard from hundreds of experts who have told her that carbon capture, utilization and storage is “neither economically sound nor proven at scale, with a terrible track record and limited potential to deliver significant, cost-effective emissions reductions”, yet despite the IPCC just releasing another damning report about the state of the climate crisis, carbon capture and storage is the cornerstone of the climate efforts in the budget. Does the minister recognize that the over two and a half billion dollars they have allocated for carbon capture and storage is a missed opportunity to build national renewable energy projects, like a western power grid that could put people to work and actually help us create new renewable sources of energy in Canada? This is something we absolutely have to do if we are going to electrify our economy and lower greenhouse gas emissions.
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