Mr. Speaker, the member for Wetaskiwin did an excellent job of explaining why the $1 billion liability would be sufficient and balanced for our country. The one thing that is important to note is it is a substantial increase. This has not changed since 1976, and here we are in 2014 looking forward to cleaner energy generation in our country.
The one thing that needs to be expressed when we talk about this is finding the balance of attracting this sort of development for cleaner, greener energy technology in our country to reduce greenhouse gas emissions. We do not want to set a limit so high that it obstructs any of that, because then we have to rely on diesel generation. I and the people of the north know this. We have to rely on burning diesel to heat our homes and to transport food on the highways. Electrical generation in our country needs to get cleaner and greener, and this would be a great way of doing that.
The member referenced the U.S. $12.6 billion liability. The member for Wetaskiwin accurately pointed out that the U.S. enjoys the benefit of being able to pool those liability plants, and individual plants are lower than the Canadian limit. While we talk about a couple of others that have unlimited liability plants that are higher than Canada, there are a number that are substantially lower, including the United Kingdom. South Africa has a $240 million limit. Spain has a $227 million limit. France is even lower at $140 million.
Canada has found the right balance to ensure we can deal with this without making it so obstructionist that we are unable to enjoy the benefits that we would get from clean energy generation and the Canadian benefit with lower and cleaner electrical costs.