Mr. Speaker, CO2 sequestration obviously is showing extraordinary promise. The technology is there. It is expensive. That is why we have asked this task force to come back and report to government on what is the role of industry, what needs to be done and how we make it happen. It can have a significant impact on the environment.
There are other technologies being developed to reduce CO2 emissions. Members will see a lot of investment by our government in this fund. On technology alone, we are investing $1.5 billion in technology development over the next four years.
This is important. We all like our energy and there is one thing that we should never forget. We are quick to point this out, and members have done it all day today on the oil industry, but we must never forget that we use every single drop that is produced to drive our cars and to power our homes. We have to do better.
Yes, to answer the member's question, a lot of things are coming forward that actually will reduce not only CO2 gases but also pollutants going into the atmosphere. Our government is very proud to partner and support those initiatives.