Mr. Speaker, this is exhibit A of the problem. First of all, the member noted the use of electric arc to heat up and process iron ore. Electric arc cannot process iron ore. It only works with recycled steel. The member does not even know what he is talking about regarding the steel industry, which means the government probably does not know. That is problem number one.
Problem number two is that CEOs have converted some of their blast furnaces into electric arc and they still pay carbon taxes. They told me how much carbon tax the steel industry pays. It is a gigantic number. They said that as a result of that, if carbon pricing goes up, there will be no steel industry whether they convert to electric arc or not. I am trying to speak slowly and clearly so I can hopefully get an answer.
Everything the member just said is irrelevant to what the steel industry said. Whether they convert everything to electric arc or not, they are still paying carbon taxes on the other energy they use, and it will drive them out of business. There will be no steelworkers. Why will the Liberals not admit it and axe the carbon tax?