Madam Speaker, with respect to Norway, in some ways it is much easier for them to make the case for reducing emissions than it is for us, because Norway, granted through foresight, built up a trillion dollar sovereign wealth fund and now has that asset to depend on its future interest and capital gains to fund all the programs that Norwegians have come to rely upon. We do not have that here in Canada, anywhere near that scale, so I think Statoil and Norway sovereign wealth fund are in some ways in an enviable position that we simply do not find ourselves in.
What I do know is this. I believe that every major resource project in the country should undergo a proper and full environmental assessment, but if we want to combat climate change and reduce emissions, the right way to do it is not by denying the construction of new pipelines, new highways, or things like that. It is to actually properly price carbon, either through a regulatory approach or other approaches that will actually result in a reduction in emissions, rather than targeting the method by which we transport those products.