Thank you, Mr. Chair.
Welcome all of you.
Madam Minister, it's always nice to have you here.
I want to keep talking about climate change. I was really pleased that you referenced and discussed climate change in your opening statement. I have a different take on the targets, however. I wouldn't find them ambitious because I can't seem to find a plan on how to get there. I would actually call them unrealistic. When I look at your statement to this committee, there was a lot of discussion of past efforts and far in the future efforts. I'm wondering what the actual efforts are for right now.
You referenced coal. The International Institute for Sustainable Development has said that the coal regulations will have a negligible impact on GHGs in the next 15 years. Keep in mind that the target is 15 years from now. Fertilizer, sure that's great. It only makes up 8% of our greenhouse gas emissions. Methane leaks, okay, I hear you on that, I guess, but there are no regulations for the oil and gas sector. There are no programs for energy efficiency.
That $10 billion you referenced for renewables, I have the estimates here and I don't see that. I think you're referencing the amount of money spent on renewables in the past and not the amount of money that's going to be spent now.
How will you achieve these targets? In your sector-by-sector approach specifically what is the greenhouse gas reductions that we will see in each sector to get to 30% below 2005 in 15 years?