Mr. Speaker, the hon. member was talking about the effects of the budget with respect to initiatives relating to the environment. I would like to mention to the hon. member that the budget provides for $240 million for carbon capture and sequestration. That would take carbon dioxide out of the air and store it underground. In fact, it happens in my constituency where this project will be taking place. One thousand tonnes of carbon dioxide will be captured from the air per day, or a million tonnes of carbon dioxide per year, and sequestered. It is establishing the technology to do that on a continuous basis for coal fired plants.
Does the member not think that is not only innovative but it goes a long, long way toward solving an environmental problem, that is the amount of CO2 in the air? It is a novel prospect of taking that and putting it underground and doing something useful with it by enhancing oil recovery, something that is already happening in my community of Weyburn, Saskatchewan which imports the CO2 from the United States. Would it not be wiser to take it from Canada and use that money to leverage a $1.4 billion investment in my constituency?
I say to the member that it is a great step forward. It is a great step in terms of saving and protecting our environment and she should be very pleased about that.