In my opinion, there is another aspect that we should examine during the course of the six sittings, namely, the assumption that we find in the bill, and I quote: “[...] market-based mechanisms such as emissions trading or offsets [...]”
That is not incidental, Mr. Chairman. We cannot study this bill without considering the possibility that, if it is passed, we could have a market-based CO2 emissions trading mechanism here in Canada. I know that the government is not keen on domestic emissions trading. I cannot help but wonder why. The government believes in a market-based system, but when comes the time to apply it to the environment, it no longer thinks that it is a good idea. This is something that warrants a full debate, and I have no intention of going into it today.
We think that Canada should have a market-based mechanism for CO2. The government does not think so. Why not discuss the implementation of this type of market in Canada? Some will say that it has worked quite well in Europe. I know that the government does not share that opinion. A parliamentary committee should discuss the content and the essential aspects of these issues.
I am not saying that we should devote an entire meeting to this subject, but as far as I am concerned, the market-based mechanism and its implications are far too important for us to ignore.