With respect to the government’s energy policy and its commitments to reduce greenhouse gas emissions: (a) how does the government define the term “fossil fuel subsidy” in the context of its commitments in this respect; (b) what level of carbon tax does the government consider necessary for Canada to meet all of its greenhouse gas reduction commitments; and (c) what is the estimated cost to the Canadian economy associated with each of the measures announced by the government at the 2021 United Nations Climate Change Conference, known as COP26?
In the House of Commons on January 31st, 2022. See this statement in context.