Mr. Speaker, a price on carbon at $40 a tonne does not magically change the fact that the most efficient way of getting energy is from a carbon molecule. When we look at Canada, what the member is trying to spin here is that there is a substitute good for gas in a combine or for driving to work in a city that does not have public transit.
Let us talk about what a carbon tax will do to incent substitute goods and the adoption of clean tech. What that $40 a tonne would do is chase investment capital away from Canada in areas where we could be developing receptor capacity for these types of initiatives. For example, in the energy sector, we are seeing capital leave the country, when we should be putting regulations in place to ensure that there is adoption of that technology without pricing us out of competitiveness with the United States.
The member talks about this magical structure, which his own policy upends and uproots and makes impossible to achieve. That is why this is so damaging. That $40 a tonne puts Canada out of the game with respect to adopting clean tech and the development and adoption of substitute goods.