Madam Speaker, I was interested in listening to my friend from Regina's comments regarding the price on pollution. I find it surprising that the Conservatives continue to oppose a policy that is viable and well-received not only in most regions of our country, but around the world. When we talk about reducing emissions, one of the issues that is raised, no matter where in the world, is the price on pollution as we see more and more countries moving toward it. However, the national Conservative Party seems to say “no”, and members are consistent on that. It causes me to reflect on the Conservative annual meeting where there was a motion to recognize climate change as being real. The grassroots of the Conservative Party were not prepared to acknowledge the fact that climate change was real.
When the member spoke about his whole anti-price on pollution, I could not help but reflect on that particular motion from the Conservative membership. There is a sense that the Conservative Party leadership, and the party as a whole, is not a friend to the environment. It leaves everything to the private sector. I must say the private sector is doing quite well on its own, and the government has been supportive. In fact, our government will continue to fight climate change and support innovation.
There are many examples. The member from Regina has cited some himself, where we can make our energy sector more sustainable than ever. We have seen within the energy industry how the private sector has said that it can do better and it is striving to do better. Quite frankly, I think that we lead the world in some private sector initiatives toward innovation and ensuring that we are minimizing future emissions. I applaud them for doing that.
The Government of Canada recognizes that our role is to support and encourage. When we look at the government's climate plan, which many Liberal members of Parliament have contributed to immensely, we find that there are multiple incentives for large emitters to lower their carbon outputs. Some of those include investing literally hundreds of millions in the low-carbon and zero-emissions fuels fund to increase the production and use of low-carbon fuels. Examples include bio-crude, renewable gas, hydrogen, diesel and more fuels dealing with ethanol. They also include launching a net-zero challenge for large emitters to support Canadian industries that have responded exceptionally well in developing and implementing plans to transition their facilities to net-zero emissions, by legislation that we made reference to previously, and establishing the goal of 2050. We are asking these facilities to come up with transitional plans to achieve net-zero by 2050.
The Government of Canada has made huge investments to support decarbonization through the strategic innovation fund, again referencing the net-zero accelerator fund. We are talking about hundreds of millions going into several billion dollars over a five-year period. We recognize just how important it is to work with these large emitters and by doing that we are—