Mr. Speaker, the question that actually started this late show talked about oil imports as well, so I would like to address that, because that seems to have been at least what generated this further conversation. I will start with the fact that it is really important for Canadians to know that under the previous Conservative government, oil imports were actually double what they are today. I think that is just an important piece to take into account when we are talking about these things.
I also really feel that it is important to note that the Conservatives need to wake up and realize that climate change is a scientific reality that requires urgent and sustained action, and that if we take that action there is also economic opportunity. It is economic opportunity that they should be seizing.
When we talk about the work that we are doing to reduce emissions, we have also been working with our allies to become a trusted resource for the energy they need. That is particularly in the wake of Russia's brutal and unjustifiable invasion of Ukraine.
To benefit our growing energy sectors, Canada must consider leveraging all possible sources of energy for export. Of course, that includes conventional energy sources, which we are investing to decarbonize, but, most vitally, it is also about continuing the production of all forms of energy that we are working on, like the exportation of hydrogen fuels.
In Stephenville, we launched the Canada-Germany hydrogen alliance to ensure that our resources can help European allies get off Russian oil and gas. This is something that perhaps the member opposite, having been on the natural resources committee, might really want to focus on, as part of that work is also on Atlantic offshore wind. There is a bill right now that is at committee, which would unlock Nova Scotia and Newfoundland and Labrador's wind power potential. That will help them to power their homes, and it will also allow for the sale of that clean power to make hydrogen fuel for our allies. It is great for their local economies, and it is great for their energy resources back home.
The International Energy Agency has said that the offshore wind industry is a trillion-dollar market, and the House must pass the piece of legislation that is before it to unlock the potential in the Atlantic for offshore wind. Right now, 45% of offshore wind energy production happens in China. Taiwan and Europe are also making substantial strides in this market, and they have projects also along the east coast of the U.S. If we want to help our allies and claim our share of this massive opportunity, we must continue to move forward with renewable energy and build on the investments we already have in place.
Taken together, I am talking about all sorts of opportunities that we are building right here. We have a range of investment tax credits to support industry, including those for clean technology, clean hydrogen and clean electricity. We have hundreds of millions of dollars that we have invested to expand infrastructure for zero-emission vehicles across Canada and to support Canadians in making their homes more energy-efficient. We are working with our allies, as I said, on renewable energy. These are important opportunities that we have right here at home and should be seizing.
I am going to take this moment and ask the member opposite: Will he work with his party, with the Conservatives, to make sure we unlock Atlantic Canada's offshore wind potential? It will help to support their energy security; it will help to create jobs, and it will create opportunities as well for us to help our allies abroad.