Thank you, Mr. Chair.
I have another question for Mr. Detuncq. Perhaps Ms. Carter could then add her comments.
Mr. Detuncq, I'm going to give you some numbers. I don't know if you are aware, but during the COVID‑19 pandemic, the federal government has invested $30.9 billion just to support the oil and gas sectors. According to Oil Change International, $14 billion per year goes to these sectors through Export Development Canada. Trying to include all subsidies to fossil fuel sectors, Oil Change International's leaders determined that the amount for 2018 was $78 billion.
Minister Guilbeault has said that he will end inefficient subsidies to the oil and gas sectors by 2023. My question relates to the concept you mentioned earlier, the energy return on investment.
If we end inefficient subsidies and we need subsidies to be efficient, can carbon capture strategies be considered efficient subsidies?
Would the subsidies the federal government could provide to blue hydrogen-related sectors be considered efficient subsidies?