Mr. Speaker, I am going to start off with a quote from George Bernard Shaw: “We are made wise not by the recollection of our past but by the responsibility for our future.” I think that is a timely comment as we are talking about a bill that is not going to take effect until 2050.
I am pleased to rise today to speak to Bill C-12, the important issue of climate change and how we must rise to meet the challenge of the country. I want to take this important time to point out some things about Canadian energy producers and why our industry can be a part of the solution to climate change, not a contributor to the world problem.
First off, we cannot talk about climate change without acknowledging that this is truly a global issue. The atmosphere cannot distinguish between two sides of a political border or even opposite sides of the planet. Environmental policy abroad impacts us here at home, and vice versa. When it comes to the planet, all of humanity is interconnected, whether we like it or not.
There is no question that Canada must do its part to fight climate change through increasing the use of renewable resources, employing Saskatchewan's innovative carbon capture and storage technology, expanding our use of nuclear power generation and using new technology to make our existing infrastructure greener and more efficient. I am confident that we can, should and will be leaders in the fight on climate change.
I will say once again that climate change occurs, and human activity influences this. However, our strategy must always keep the global nature of this problem in mind. Canada is not an island and cannot assume that rivals, or even allies, will follow our lead. We need to work with countries from around the world collaboratively to find ways that Canada can minimize environmental impact in the short term while investing in long-term solutions.
When we measure the total life-cycle emissions of liquefied natural gas and coal based on extraction, production, shipping and burning, liquefied natural gas burns roughly 40% cleaner than coal. If Canada were to expand its production capacity and increase LNG exports to developing countries currently using coal to bring electricity to underdeveloped regions, we would be taking a huge step forward, a concrete step in reducing emissions in the short term.
China currently has a coal-fired electrical generating capacity four times larger than the United States' and plans to increase that number by over 25% in the coming years. If only a quarter of China's coal-fired plants transitioned to liquefied natural gas, it would result in emission reductions of around 750 megatonnes per year, based on current levels. For reference, Canada's total emissions in 2019 were 729 megatonnes.
The old saying “perfect is the enemy of the good” comes to mind here. While this government repeatedly fails to meet its emissions reduction targets, our energy industry, which is a world leader in environmental sustainability, continues to be crippled by regulations like Bill C-48, Bill C-69 and the ineffective job-killing carbon tax.
Instead of leading a global strategy to reduce emissions based on research and development, technological innovation, and finding economically viable climate solutions, the Liberal government has reduced Canada's ability to compete and receive a market share with countries with zero track record when it comes to fighting global emissions.
Canada needs to strive toward energy independence, create a business environment that mobilizes green innovation in the private sector and export those green innovations around the world. Shutting down energy production in Canada would do nothing to impact the behaviour of countries whose entire economies relies on oil production. If anything, it would drive up global oil prices due to decreased supply and create even more incentive for oil production abroad.
Until we have long-term renewable energy solutions that are economically viable, natural resources such as oil and natural gas will continue to be a part of our way of life. It is not a matter of choice, but a matter of necessity. None of this is to say that it is acceptable to sit back and do nothing about this issue.
My colleagues on the other side of the aisle often scapegoat Conservatives as people who are indifferent about the environment or claim that we do not care about our children's future. Nothing could be further from the truth. We care, and we also want to work hard to bring our climate crisis under control.
We need to find solutions to these problems to guarantee the future of my three children, James, Sinclair and Nixon, alongside that of every child in Canada. We want them to grow up on a healthy planet.
We need to reduce global emissions to avoid reaching the point of no return. I also know that Canada cannot sabotage our own industries as the rest of the world sits back. We cannot be the only country making drastic changes to our energy production capacity, and we cannot assume that we are setting an example for others. Currently, I cannot think of a single country that is looking to emulate Canada's emission reduction strategy and hamper its own ability to grow its economy.
If Canada wants to be a world leader in the fight against climate change, what we do to change our share of global emissions is not enough. We must invest in economically viable green energy solutions that we can export to the rest of the world. Canada has been behind countless green energy innovations. We have been an examples to the world.
One source of Canada's climate innovation is the careful management of our vast boreal forest spread across the country. Canada's network of forests is massive at over 347 million hectors, or 9% of the world's total forest area. Canadians continue to plant hundreds of millions of trees every year without the help of the federal government.
Canada's forest industry alone plants an additional 600 million trees every year, making its commercial activities sustainable for generations to come. Canadian energy companies are doing their part as well. Syncrude has planted 11 million trees, Suncor has planted 8.9 million trees, and the faster forests initiative has planted over five million trees, just to name a few.
Using forests as a natural climate solution is about keeping thriving forest ecosystems alive. Around 70% of carbon in the forest is stored within soil and debris on the forest floor. I know the government has set a target to plant two billion trees, but they have planted zero. Even on Father's Day, my wife asked me to plant five trees in our backyard, so I am doing more than our federal government.
Alongside capturing and storing carbon emissions, our forests are also home to another solution: biofuels. Canada exported 498.3 million dollars' worth of wood pellets in 2019, a solid renewable biofuel that grows back and recaptures the carbon that it emits when the biomass is burned.
I also want to talk about carbon capture and storage solutions. As a Saskatchewan MP, I am proud of the innovations we have made and are leading on this technological front. As an innovator and pioneer, Saskatchewan is proud of our carbon capture. Experts agree that carbon capture and storage is a solution that simply works.
Dr. Julio Friedmann, a senior research scholar at the Center on Global Energy Policy at Columbia University, says that when industrial facilities implement variations of this solution, they see emission reductions of between 55% to 90%. About 300 million tonnes of CO2 is captured from large-scale carbon capture, utilization and storage facilities every year. The technology is effective and could lead to real world emission reductions in the short term if we embrace it. The downside is that currently 70% of this is done in North America when it should be done throughout the world.
These are just a few examples of solutions that can drive economic activity, create jobs and act as long-term investments in emissions reductions. None of them involve new taxes, energy austerity or hurt our economy. In fact, all of the solutions I have raised would create new jobs and increase economic activity, instead of dampening it.
I believe in green innovation and I believe in clean technology, but I also know that shutting down Canadian oil and gas production would do nothing to change the course of history. The only way that Canada can have a meaningful impact on this issue is the same way we changed health care forever, through the development of revolutionary technologies like insulin and pacemakers. Both of these inventions saved millions of lives around the world and would have never been possible without Canadian ingenuity and perseverance.
We can meet these ambitious targets. I have unlimited faith in the sheer intelligence and capability of Canadians, but I also know that if we are not focused on solutions, we cannot be embraced by the rest of the world. It will be too little, too late, and our contributions will be in vain. We need the rest of the world to join us in our commitment to reducing emissions.
Net-zero emissions does not mean net-zero growth in the oil and gas industry, the agricultural industry and the manufacturing industry. We need to continue to rely on those very important sectors in our community.
For every step taken, we must take into account Canada's existing obligations to provide secure energy to all of our global customers.