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House Hansard - 83

44th Parl. 1st Sess.
June 7, 2022 10:00AM
Context: House Hansard - 83 - Jun/7/22
Mr. Daniel Blaikie
  • Jun/7/22 8:27:19 p.m.
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Madam Speaker, I would say two things in response to that. The first is that the new $2.6 billion that was just announced in the budget for carbon capture and sequestration, I consider to be a fossil fuel subsidy. That is a major increase in fossil fuel subsidies that has nothing to do with orphan wells. I do think that it is a good idea to clean up orphan wells. I think that the industry should be made responsible to do it. One of the proposals we have to do that indirectly is to take the surtax on banks and insurance companies, which the government has agreed to in our supply and confidence agreement, and do what we have been calling on the government to do, and it has not agreed to, and apply that surtax to oil and gas companies so they can pay the bill for the orphan well cleanup. There is more than one way to do this, but for government to just assume that responsibility and have Canadians pay the costs of cleanup that the industry should have been paying all the way along is not right.
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