Madam Speaker, I would like to commend the member for his very thoughtful and very informed speech on Bill C-311. He is to be commended for the hard work he has done on the issue of climate change for the entire time he has been in office in this House, and I thank him.
I would like to ask the member if he could elaborate on the issue that the Conservatives keep raising, that we should be moving in sync on policy with our trading partners. If that is the case, then why are we not following the moves of our trading partner Japan, which we are inviting to our country for the G20, and our trading partner Britain, which we are inviting to our country as part of the G20?
The United Kingdom has announced a target of 26% by 2020. Japan has announced a target of 25% by 2020. Yes, indeed, it is true, the targets that were issued originally by the inter-party panel are being questioned. The inter-party panel in this year's report is saying that those targets are not strict enough. They are not deep enough. We are going to have to do more.
The International Energy Agency has said the way out of the economic recession around the world, the way to address climate change simultaneously is to shift investment towards a new green economy. What is the prime trigger? It is regulation. Where is the legislation that this House has tabled? Where are the regulations that this minister has tabled? Even Shell Canada asked yesterday, “Where are the regulations?”
I would appreciate the member's response.