Thank you, Mr. Chair.
To begin, I want to tell my colleague Mr. Amos that I do not necessarily agree with what he said about the Conservative Party's vision of foreign investment. We need to be rigorous and manage our money well.
Thank you to our witnesses for taking part in this exercise.
Parliamentarians are not all experts on the environment. I do not claim to be one. That said, I a well aware that, as citizens of the planet, Canadians have to take concrete action.
The latest IPCC report, which was published recently, outlines the effects of global warming by more than 1.5 degrees Celsius over pre-industrial levels. It indicates that this increase in temperature will have multiple effects, including heat waves, extinction of species, destabilization of polar ice caps, and so forth. The scientists maintain that we must reduce CO2 emissions by 45 % by 2030 and achieve carbon neutrality in 2050. That is a summary of what the report says.
I simply want to find solutions to meet and even surpass these objectives. We are human beings and we have to protect ourselves.
My question is primarily for Mr. Balasubramanian.
The current government is strongly advocating a carbon tax, which it sees as the way to achieve these objectives. For my part, I have trouble understanding how this tax will solve the problem of the rise in temperature of 1.5 degrees Celsius.