Thank you, Mr. Speaker.
The IMF reports that Canadian government subsidies to oil are a whopping $34 billion each and every year. We Canadians are addicted to oil. Raised on the car culture, I am a bit guilty myself. We have built a huge and wealthy, but unsustainable western economy, built upon cars and oil.
What kind of technologies should we be switching to? Wind? Solar? Tidal? Geothermal? Mass transit? Electric vehicles? Super-insulated homes and businesses? Super-efficient TVs, computers, washers, driers, furnaces, and light bulbs? It should be all of the above, and more.
Currently over 60% of Canada's electricity comes from hydroelectric power, and that could be doubled. Canada captures just 1% of the green tech market, worth $1 trillion globally. With the right investment, Canada could increase its share of the clean tech market to $60 billion by 2020.
How do we free the awesome power of the marketplace to discourage CO2?
Four out of five of our national party leaders acknowledge the need to price carbon.
The Prime Minister has refused to price carbon and has instead promised regulations, which never arrive. The NDP is stuck on carbon cap and trade, which is expensive, bureaucratic, complicated, and ineffective, truly a job killer. The NDP does not really understand business, large or small. The leader of the Liberals has sometimes called for a price on carbon to justify his supporting the XL pipeline. There are no details, of course, and likely no real commitment.
The simple answer is carbon fee and dividend, supported by the leader of the Green Party.
My question is, do the Conservatives really believe in letting the market decide? Will they consider carbon fee and dividend, which could solve the CO2 problem in a predictable and effective way?