Mr. Speaker, the sector by sector plan is not credible at all.
Since coming into power, the Conservative government has regulated only two sectors that it itself singled out: the transportation and electricity sectors. When it comes to the sector with the most greenhouse gas emissions, the oil sector, we are still waiting.
When the government says that it would be too expensive to comply with the Kyoto protocol, its analysis is based on hot air. We have never seen the details of this analysis. Moreover, the government will not say how much its sector by sector plan will cost. The hidden costs of its regulatory approach will far surpass any expenses related to the Kyoto protocol. According to several economists, who made themselves known this week, the cost of regulating carbon is estimated at $16 billion, and the cost of regulating the auto sector is estimated to be $32 billion. The total cost is, in fact, $52 billion.
I will ask my question again, despite the fact that I have asked it about four times. How much will the government's plan to combat greenhouse gas emissions cost? What is the total bill that will be passed on to consumers?