Mr. Speaker, in terms of polluter pays, I agree that those who go into operations that take risk have to be responsible for that risk. That is quite clear.
Polluting the environment in this day and age is one of the largest risks one can take. That, quite clearly, is what people think. There is a social licence about it. No one is interested in seeing oil spilled on the ground. They want it cleaned up. This is not the 1920s or the 1930s; it is 2014. That is quite clear.
When it comes to sustainable development, only by creating the parameters that ensure that companies do every possible thing to make their projects safe will we have sustainable development. Was it sustainable to lose that oil in the Gulf of Mexico? There was almost $100 billion blown off there. Was that sustainable?
Was what happened in Fukushima sustainable? There was ruined landscape. The cleanup caused an enormous tax burden on the people of Japan. It probably caused damage to the Pacific Ocean, damage that will last for the rest of our lifetimes. How is that sustainable?
Liability limits set the parameters for how the project develops.