Madam Speaker, the ongoing tragedy unfolding before our eyes in Europe is one that I know everyone is concerned about. Regardless of political persuasion, we are all sickened by what Russia is doing to its neighbour, so it is no surprise that this is one of those issues before Parliament where opposing parties sometimes will largely agree.
For one thing, we share the view that this war represents a defining challenge for the democratic world. We also agree that Canada must work with allies to provide equipment to help Ukraine's brave soldiers fight off this unprovoked aggression. All parties support the democratic world's punishment sanctions: a package that includes a Canadian ban on imports of oil, gas and other petroleum products from Russia. Furthermore, we are united in doing everything we can to deal with this humanitarian disaster.
We also share the member opposite's belief in the critical importance of energy security, and the need for Europe and the world to reduce and eventually eliminate its dependency on Russian oil and gas. There is nothing here that he needs to convince us of. It is clear that the world must stand up to Russian aggression, and that is what we are doing. We are taking all the measures I have just cited, and are working closely with our allies to help Europe wean itself off of this dependency.
I would invite the member to consider our government's work with industry and provincial governments. The Government of Canada has identified Canadian industry capacity that can increase production by up to 200,000 barrels of oil and the equivalent of 100,000 barrels of natural gas. These exports will give America, now the world's largest LNG exporter, more leeway to export its petroleum products to Europe and other markets.
I would agree that this alone is a relatively small proportion of the amount of Russian oil and gas that we have to displace, but solidarity matters. The U.S., Brazil and other nations are also stepping up. We would once again urge members opposite to consider the International Energy Agency's 10-point plan to end its dependency on Russian gas. It includes moving Europe more aggressively toward alternatives, such as increased imports of LNG, renewables and hydrogen, and that is exactly what we are doing with our climate plan. It is one that includes a strategy to build a Canadian hydrogen industry that could help fill this void. On that note, I am pleased to say that Germany's ambassador recently referred to Canada as a potential hydrogen superpower.
What I just outlined really illustrates why it would be the worst time to abandon Canada's clean energy transition. We all have a job to do here. We all need to step up to protect the interests of Canadians, but also the interests of allies around the world.