On Monday we passed a motion here in the House of Commons to declare that we are in a climate crisis, a climate emergency. The IPCC, the Intergovernmental Panel on Climate Change, says that we have to act immediately, right now, to tackle climate change.
You talked about spending the profits of this pipeline, $500 million a year, on green initiatives. We've spent $4.5 billion buying this pipeline. That's where the profits of that pipeline went. They went to Texas when we bought that pipeline. Now we're going to spend another $10 billion building it over the next two years. That's about $15 billion we could invest right now in fighting climate change, instead of spending all that money and then waiting two years and then dribbling it out over the next 10, 20 or 30 years. We have to do this now.
I just wonder what sort of economics you are using to try to spin this as a win for climate change. It's just Orwellian.