Thank you.
Mr. Guilbeault, earlier, we talked about fossil fuel subsidies, and it is unfortunate, because the government has never wanted to define what it means by “subsidies”. However, a report from Oil Change International refers to a ratio of about 1:14, meaning that the government invests $1 billion in green energy and $14 billion in the oil and gas industry.
I mention this because I often have the impression that the 1:14 ratio is reproduced in your programs. In particular, I am thinking of the low carbon economy fund. I have never seen any criteria in your programs that promote industries that are more competitive in carbon sequestration and capture, including the forestry industry.
You probably know this better than I do, but the forest is a carbon sink. Today, many products that replace petrochemicals can be made using forest waste. People in that industry, known as the bioeconomy, tell us that your government is completely absent. You are there when you need to reduce the carbon footprint of the oil and gas industry, but you are absent when it comes to supporting an industry that is a natural carbon sink.
Do you not find that contradictory?