Mr. Speaker, each of these credits will be greening credits. It will help decrease greenhouse gas emissions everywhere in the world because it will have the same impact everywhere in the world. It is a global problem.
Also, the numbers my colleague mentioned are completely untrue. He is using the numbers of the European Union allowance market, which is a closed market. Canadian companies do not have access to it.
The clean development mechanism market is $38 Canadian a tonne. It is very affordable. Canada will be part of this market and we will learn to be champions in the carbon markets