Mr. Chair, the associate deputy minister today in committee said that we will not be able to attribute a single megatonne of GHG reductions to a dollar spent under the eco-trust.
Let us go on, if we could, to the government's “Turning the Corner” plan and what it says about carbon pricing. It says:
Our modelling suggests that Canadians can expect to bear real costs...these costs will be most evident in the form of higher energy prices, particularly with respect to electricity and natural gas.
It goes on to say that “these changes will come at a [serious] cost for Canadians”.
Minister, let me turn to your plan for putting a price on carbon. What price, Minister, do you expect for a tonne of CO2 equivalent emissions under Canadian regulations in the fall of 2008?