Mr. Speaker, I listened very carefully to the reply by the hon. member. I am wondering if he is aware of the work by an organization called NESCAUM, the Northeast States for Coordinated Air Use Management. Based on its empirical studies, it has shown that the one key trigger for investment in clean technology is not lower taxes. It is not voluntary initiatives or market measures. It is regulation.
I would question the member on whether he has actual analysis that lowering corporate taxes actually causes greater investment. In fact, the Economic Council of Canada is telling us that is not the result. I would like to hear his comment on that. Surely if we are going to be giving increasingly lower tax rates to corporations, they should have to give something in return. Why not ante up reducing the greenhouse gases?