It was getting a bit distracting, but I'll do my best to carry on here in the midst of that.
We need to take pretty seriously the air emissions in our province and our country and the effects of climate change. If we don't get ahead of that and deal with it in practical ways, it could be pretty serious for our province.
A warming climate is expected to increase both the number and the severity of thunder storms, heat waves, and drought that would cause damage to our crops and endanger life and property as well.
Going back to our plan, our regulatory framework, Bill C-288 I think would have been a much superior approach to be taking. We should have had some pretty good cooperation with that, instead of this Bill C-377, which wasn't properly costed and is constitutionally suspect. Others around the table are aware of that as well.
In our approach--as opposed to this Bill C-377, again--there were mandatory targets, real results. We don't see that here. And Mr. Hogg has pointed that out, the vagueness and the ambiguity of it.
In our approach, which would have been the better one to go with, reducing emissions of greenhouse gases, air pollution.... It's not a matter of choice for industry. You can't leave it up to them to decide if they want in or not. It is compulsory. It has to be. Our plan, our regulatory framework, would set that kind of compulsion, the mandatory targets for reduction of industrial greenhouse gases that cause climate change. Those targets were stringent and were going to be tightened every single year, so as a result we would start to see those absolute reductions. Again, with Bill C-377 we don't have that, we don't have the preciseness. It's vague, it's ambiguous, and it gives far too much power and too much reach in respect to its constitutional intrusion, as well, whereas these industrial emission targets, the ones from our plan, combined with other actions, practical actions announced to date to fight climate change, would put us on track for that 20% absolute reduction of Canada's greenhouse gases compared to 2006 levels by the year 2020.
I appeal to Mr. Cullen to look in terms of the seriousness and the practicality and pragmatism of those kinds of regulations. That would reduce the emissions of pollutants that cause smog and acid rain by up to 55% as soon as 2012--compared to 2006 levels. As well, I think when you're looking at a plan—and that's not at all anywhere here in Bill C-377—you need to have flexible tools for compliance. You don't get there overnight, but you need to make it mandatory, compulsory, and allow the kinds of creativity--I guess I would say--and the flexibility in terms of the tools of compliance to get the job done.
There's no doubt that in any of these measures, and in terms of our regulatory measures, as well, there would be a period of adjustment for industry, because this is pretty hard stuff, it's tough stuff, but it's required. You need then an achievable plan that does not sacrifice jobs in Saskatchewan.
The concern with this particular Bill C-377 is that in fact we will have significant economic hurt and impact. Counter-intuitively, if you will, we'll hurt the economy such that we won't be able to do the good things in terms of the environment, the clean up, and the good clean water, land, and air that we need.
By way of the regulatory regime that we were proposing, giving industry the flexible tools to meet their targets, companies being able to choose the most cost-effective way to comply--which includes making real reductions in their own facilities, taking advantage of emissions trading, and investing in new technologies--all of those things are within the basket of what they can do to get the job done and to meet their targets.
Companies will also be able to invest in a technology fund that will deliver greenhouse gas reductions, now and in the future. I think technology is pretty crucial to ensure that we make the progress against climate change, and the confirmed guiding principle of that fund is that it will not be used as a mechanism for the inter-regional transfer of wealth and resources. That's a big concern to us in our province.
Moreover, the provincial technology fund may be accredited as compliant as long as they meet the federal requirements. That fund will be used to finance further research on carbon capture and storage technologies that show a lot of promise in Saskatchewan.
I was very pleased about the progress we're going to be able to make as a result of the budget announcement yesterday of some $240 million for carbon sequestration. For my province, that was a major, significant step forward, not only for us but for our country. The benefits will accrue to elsewhere across this nation. Some critics might complain about the cost of these measures for Saskatchewan's industry, but they are more forward-looking measures. Some see the glass as half full and some as half empty, but we need to be looking for and recognizing those new opportunities in Saskatchewan. And it's come our way already in terms of the $240 million for carbon sequestration.
In some sectors, it's going to mean that industry will have to seize the opportunity to improve competitiveness by becoming more innovative. For Saskatchewan's oil and gas sector, that's the case. It will mean their developing and adopting cleaner technologies, and so be it. They do it, and the job gets done. The oil and gas industry--or as Mr. Layton likes to refer to it, big oil and big “ass”, I think that's what he calls it—in my province has thrived on competition. The entrepreneurial spirit along our border with Alberta, down in the south of the province in the Estevan and Weyburn area and across through Swift Current, as well, has driven its growth and has responded to challenges by finding those necessary innovative solutions.
In our regulatory regime, as opposed, again, to Bill C-377, Saskatchewan's electricity generating industry will also have to make changes, which we acknowledge, to achieve the required reductions by adopting cleaner technology to improve its competitiveness. And we'll probably be able to market that abroad, as well.
We've already seen those two sectors cooperate on an exciting and innovative project in Weyburn, where the carbon dioxide emissions from an electricity generating station that uses clean-coal technology are injected back into the ground. And as I said, with some $240 million in the budget yesterday, they can explore that and develop that even more. That's one of the largest climate change research projects in the world. It will help us understand how we can use underground storage of greenhouse gases to address climate change for our nation.
Some of the other measures that I think are significant and that, again, are omitted and not referenced in any way in Bill C-377, we're taking action on. Our approach is to reduce the emissions causing air pollution from cars, recreational vehicles, trucks, trains, and marine engines. We are taking action to use products, such as light bulbs, dishwashers, refrigerators, air conditioners, and commercial boilers, that use energy much more efficiently. We want to have efficient energy, because as a result, we'll have less wasted energy and less air pollution. I think we need to, without question, for any and all and for those that suffer allergies and those that have other air-related ailments.
We need to work to improve that, especially, as well, for indoor air. Saskatchewan is a cold enough province that a good many months of the year we spend inside. Consequently, for the air we breathe inside our homes, our places of work, our businesses, the malls, and so on, it's crucial that we also deal with that and have the regulations that will address that issue. In Saskatchewan we spend a lot more time indoors than they do, maybe, even in some other provinces. So actions to improve indoor air quality are very important for us. Again, this bill has nothing specific in respect of that.
I think the federal government needs to be doing that careful collaborative work with the provinces, recognizing the significant actions the provinces and territories are taking. They need to be acknowledged and credited or applauded for all they do to promote clean air and to address climate change. Those efforts and initiatives need to be encouraged.
Again, from the federal point of view, there is nothing referenced to this in Bill C-377; but we need to have that kind of partnership, that working together, with the provinces and territories to avoid duplication of effort and to ensure we get maximum environmental benefits with minimum administrative and cost burdens for the industry.
Mr. Chair, I think the noise level is getting up a little bit. I'm finding it a bit uncomfortable again.