Madam Speaker, I am very firmly committed to carbon pricing. The industrial carbon price makes up between 20% and 48% of our emissions reduction. The consumer carbon price makes up between 8% and 14%. My commitment is that we reduce emissions in Canada to meet our international climate targets. Honestly, I am not married to any particular policy, but I am committed to ensuring that we have a credible climate plan, and right now, that means including carbon pricing.
The fact is that the Conservatives are saying to scrap the carbon tax, but they have not been clear about whether that means the industrial carbon price as well, which could be about half of our emissions reduction in Canada that all of a sudden would no longer be happening. However, the Liberals, unfortunately, have failed to close the loopholes in the industrial carbon price. They failed to hold big polluters accountable. It is no wonder that people are questioning the Liberal government and its commitment to climate action when it waters down its policies on the emissions cap, fails to implement bold climate policies and buys a pipeline.