Madam Speaker, first of all, let us talk about the notion that this is a fair price, $4.5 billion for a 65-year-old pipeline that Kinder Morgan purchased for $550 million and that purchase price included additional infrastructure that we did not buy. It is a huge bonanza of a profit to a Texas-based company for absolutely no reason.
When the hon. member says Canadians realize “now more than ever” that we must diversify where our energy goes, I disagree. Canadians realize now more than ever that we have to stop using and exploiting fossil fuels while there is time to ensure our children can live out their natural lifespan without being in an unliveable world. That is the advice from the intergovernmental panel on climate change.
Maintaining the existing 65-year-old pipeline is not going to be a new investment, but expanding it will create an additional pulse of greenhouse gases. We are over the carbon budget. We have to reduce now. We have to cancel Kinder Morgan.