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Decentralized Democracy

House Hansard - 73

44th Parl. 1st Sess.
May 17, 2022 10:00AM
  • May/17/22 2:27:53 p.m.
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Mr. Speaker, I thank my hon. colleague for the question. As he well knows, we have committed to eliminating fossil fuel subsidies by 2023, two years sooner than our G20 partners. We are the only country to have made that commitment, and the subsidies have already been reduced by more than $3 billion a year since 2018.
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  • May/17/22 4:03:59 p.m.
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Madam Speaker, Canada has made the ambitious target of reducing emissions from the oil and gas sector by 40%, relative to current levels, by 2030, and is in the process right now of developing regulations to cap emissions and have them steadily reduced to net zero by 2050. I think we would all agree on the need to reduce emissions, but as we develop more stringent regulations, there is a risk that jobs and investment could move to countries that have less stringent regulations but have deposits of energy. Would the member for Burnaby South want Canada to work with industry to reduce emissions and keep jobs in Canada, or would he rather that emissions be eliminated in Canada simply by eliminating production and we move them to another country?
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