Mr. Speaker, I think Ontario has positioned itself to be one of the most competitive long-term economies in Canada in terms of green energy, feed-in tariff approaches, as well as investment in clean energy, but more important, providing the fiscal and economic levers for Ontario's businesses, communities and citizens to participate in the green economy.
Do I support Ontario's direction in terms of its green energy policy? Yes, I do. In the short term, some of these things can cost money but, in the long term, they are real investments in the next generation of economy.
In terms of investing in wind or other alternative energy projects, generally, yes, I support those kinds of investments. However, I do think that some of the greatest areas for Canada are in the areas of clean conventional energy. For instance, in terms of biomass, if we look at the agricultural and forestry sectors and the capacity for them to become significant players in green energy, I think it is important and it is real.
I also happen to think there is still potential to invest in carbon capture and storage. In fact, if we look at the research of what the U.S. and the Chinese are putting in it, the opportunity is real in those areas as well.
In 20 years, 80% of the world's energy will still come from hydro carbon, so we not only need to invest in alternatives but we also need to cleanup conventional energy.