Mr. Speaker, the hon. member mentions the Kelowna accord. I suppose, after signing many accords that they never planned to implement, that is just another one. I think he probably meant the other accord that begins with the letter K, the Kyoto accord.
That was a pretty sad story for Canada, signing on to an accord that was imposed on us by other countries with no realistic plan to actually implement anything. What we have done instead is come up with a plan that really works with our partners in the provinces as well as the various industries. A lot of that expertise actually resides within the provinces and those industries, as opposed to having a plan foisted upon us by certain economies that actually have nothing to do in terms of reductions. There are no commitments on their behalf to actually reduce any emissions whatsoever, including China, India and the large emitters.
We have said that, whatever we do, it will be something that makes sense for Canada. As members know, the oil and gas sector is just one example. That is 7% of the overall economy and we want to ensure that we do not destroy that as hat is a source of our wealth and prosperity.