Thank you for that.
I remember being here when I was told on the voluntary emissions cuts that if we let the industry work voluntarily, we'd be there. We're being told there's a new technology. CAPP, the association of Alberta petroleum producers, is asking for $75 billion because carbon capture is the new miracle solution, yet Adam Radwanski, hardly an environmentalist writer in The Globe and Mail, writes that even if we give them all this money we're not going to actually see anything from carbon capture, probably, until 2028-29. Professor Anderson, who just spoke to our committee, said it only captures 1% of emissions.
Wouldn't we be better off spending $75 billion in public money on other means, such as transitioning the economy, than on carbon capture, which is not going to come on stream for another seven to eight years?