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Decentralized Democracy

House Hansard - 264

44th Parl. 1st Sess.
December 7, 2023 10:00AM
  • Dec/7/23 11:44:00 a.m.
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Madam Speaker, the major problem is that Canada is taking the wrong approach. They did not want to cap oil and gas production, but they want to cap GHG emissions. That will not work. A rather simple concept, the green paradox, explains why. It seems like we want to give those in the oil and gas sector one last chance to line their pockets by supporting them, telling them that we will try to reduce their emissions. However, production is rising steadily. If one has the least bit of sense, one quickly sees that, if production goes up, worldwide GHG emissions will inevitably go up.
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  • Dec/7/23 2:42:24 p.m.
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Mr. Speaker, according to the International Energy Agency, emissions from the fossil fuel sector must be cut by 60% by 2030 if we want to meet the Paris targets. Today, the Liberals are content to ask for a mere 16% reduction relative to 2005. That is barely a quarter. What is more, it is at the discretion of the oil companies, because no cap will be imposed on them before 2030. The federal government's plan, then, is to beg oil companies to do just a quarter of what is needed. If they do not do so, what will happen? Nothing at all will happen. How can the Liberals make this announcement with a straight face? Shame on them.
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  • Dec/7/23 2:43:07 p.m.
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Mr. Speaker, Canada has put in place a very ambitious plan, perhaps the most detailed in the world, to combat climate change. Today, we announced the world's first cap on oil and gas sector emissions. We are leading the way in this sector, and in the world, to combat climate change in a way that ensures we will have a strong and prosperous economy in the future.
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  • Dec/7/23 2:45:45 p.m.
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Mr. Speaker, on this side of the House, we have solutions, not slogans, for fighting climate change and affordability. I appreciate the question since it gives me the opportunity, on this side of House, to announce that, in the same week our government committed to a 75% reduction in methane emissions from oil and gas, as of today, we are the first oil and gas producing nation to put a cap on oil and gas emissions. On this side of the House, we have solutions, solutions for climate change and solutions for affordability. When will the Conservatives admit that the only facts they have are those of wealthy oil executives?
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  • Dec/7/23 3:04:44 p.m.
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Mr. Speaker, the constituents of Calgary Skyview will hold their MP to account for his betrayal, and he will pay at the ballot box. Bill C-50 is the top-down just transition that will end oil and gas in Canada in favour of dictator and U.S. oil. The NDP-Liberals know it will kill 170,000 oil and gas jobs immediately and hurt 2.7 million Canadians working in transportation, construction, agriculture and manufacturing on top of it. It will make power and fuel prices skyrocket. The NDP-Liberals also know it will hurt indigenous and visible minority Canadians the worst. It has never been more clear that Canadians cannot afford the colluding costs of the cover-up coalition.
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  • Dec/7/23 3:10:40 p.m.
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Mr. Speaker, I will start by noting that the importation of oil is at half the level now than it was under Stephen Harper, so maybe he wants to check some of his facts. A cap on oil and gas production is about reducing emissions in line with what science tells us we must, but doing so in a manner that will enhance the economic competitiveness of the sector while ensuring that we are decarbonizing the industry such that the barrels of oil and natural gas that Canada will sell to the world will have the lowest carbon content in barrels of gas. I would point to the successes recently of an $11.5-billion Dow facility, a net-zero petrochemical facility in Alberta and many others.
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  • Dec/7/23 3:13:59 p.m.
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Mr. Speaker, it has been two years since the PM promised an oil and gas cap; today we learned what big oil's 2,000 meetings with the government got it. It got a so-called cap that will allow oil and gas production to go up; carve-outs for big oil to buy its way into compliance using the excess profits it has gouged from Canadians; and a weaker oil and gas target than even the insufficient one that the government had previously set. When will the current government put our children's future ahead of big oil's greed?
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  • Dec/7/23 4:48:49 p.m.
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Madam Speaker, there is one thing that I am not hearing being talked about and that is missing from this motion. This is making sure that big oil pays its share. We know that Canada's five biggest oil and gas companies had $38 billion in combined profits last year, and they are on track to make record profits once again in 2023. The recent PBO report stated that, if it followed through, Canada could generate $4 billion in revenue from a windfall profit tax from big oil and gas. When the NDP called for big oil to pay what it owed to get more help to families, why did the member side with the Conservatives and vote against it?
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