Mr. Speaker, I will begin with the first question.
We have learned from the Environment Canada report released last Friday that the measures introduced by the federal government in recent years have not actually led to any greenhouse gas reductions. That is the Canadian tragedy. That is the federal tragedy. The approach presented by the federal government to reduce greenhouse gas emissions does not produce any results. For a government that has been in power for a few years now and wanted to maximize every dollar invested in the fight against climate change, the truth is, it has failed.
As for carbon capture and sequestration, the Conservatives are asking us to finance an oil industry that is making huge profits. Now they want to use tax measures to finance their carbon capture and sequestration project. It is completely unacceptable. Instead, we must reinvest in renewable energy sources and not give huge incentives—nearly $64 billion since 1970—to an industry that is making huge profits.
It does not make sense. It goes against sustainable development practices and is not the way to achieve a greener economy in the next 10 or 20 years.