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House Hansard - 201

44th Parl. 1st Sess.
May 29, 2023 11:00AM
  • May/29/23 12:55:31 p.m.
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  • Re: Bill S-5 
Mr. Speaker, sometimes I have a hard time following the Conservatives when it comes to fossil fuels, oil and the fight against climate change. In the last budget, I do not know how many times I asked the government whether it would stop giving money to big oil. I want to remind members that, in 2022, the five major oil companies made $200 billion in combined profits. In the most recent budget, our friends opposite continued to give those companies money in the form of direct and indirect assistance for carbon capture, which we now know does not work. That is greenwashing. I do not understand why the Conservatives are voting against giving the oil companies money. I am trying to understand.
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  • May/29/23 7:17:37 p.m.
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Madam Chair, I would like to refresh the Conservative leader's memory because, in the last campaign, his party promised to “improve the Clean Fuel Regulations to reduce carbon emissions from every litre of gasoline (and other liquid fuels) we burn”. Was that something the Conservative leader supported when he was knocking on doors and saying that that was his plan?
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  • May/29/23 7:51:27 p.m.
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Mr. Chair, this budget allocates approximately $80 billion for so-called green subsidies. We do not know whether they are green or not because the government has always refused to define what constitutes an effective fossil fuel subsidy. Approximately 30% of these subsidies go directly to fossil fuels. That is approximately $24 billion to $25 billion. Is the Minister of Finance not embarrassed to tell unemployed workers in Quebec and the rest of Canada that she is going to take $25 billion to $27 billion out of their pockets when that money is going directly to fossil fuels?
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  • May/29/23 7:55:32 p.m.
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Mr. Chair, the government continues to heavily subsidize fossil fuels with taxpayer money. For years, we have been waiting for a definition of an effective subsidy for fossil fuels. On two occasions in her reports, the Auditor General told us that she was not even able to evaluate whether subsidies were effective because the government had not even provided a definition. Can the minister today provide a definition of an effective subsidy for fossil fuels?
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  • May/29/23 9:45:15 p.m.
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Madam Chair, she said she would improve the clean fuel regulations to reduce carbon emissions from every litre of gasoline and other liquid fuels—
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