Mr. Speaker, I am pleased to rise to debate Bill C-377, An Act to ensure Canada assumes its responsibilities in preventing dangerous climate change.
This is a big issue. For most of us, sometimes we get sidetracked by other issues but the damage that continues to be inflicted on our planet is a warning to all of us to do something to make a difference and to work together in developing strategies that will make a difference so that we can tackle the issue of climate change. We can no longer afford to be complacent and merely speak about the subject.
A number of things put this issue in perspective for me. I spend a lot of time in schools in my riding of Dartmouth—Cole Harbour, in high schools, junior high schools and elementary schools. While Canadians are focused on a number of different issues, the environment has always been a major issue for young Canadians.
As a parent of two young children I am very concerned about our environment. I want my children and all young Canadians to grow up in a world that places a priority on a clean environment, a world where new technologies are employed to combat climate change. I want them to grow up in a world where Canada honours its commitments, leads the world in tackling the effects of climate change and is prepared to take our responsibility to the planet seriously.
Every day we read about or witness on television or in our own communities the effects of climate change. It is our behaviour as humans that has brought us to the brink. Far too often we put more value on the present than on the future.
As parliamentarians we have no greater obligation than to do what is right. There is no longer any debate on what is causing climate change; it is us. There is no longer a debate as to the validity of the science, and those who dispute the science are often the same people who believe the world has only been in existence for a few thousand years.
Last year, as I suspect all members of the House did, I watched the movie by Al Gore, An Inconvenient Truth. This movie did not have as its goal to entertain the world, though it did. It was not meant to generate box office revenues, though it did. It was meant to alert us, to wake up the world to the crisis that exists with respect to climate change, and it did that as well.
Today we debate Bill C-377. This bill in many ways mimics an earlier bill introduced by my Liberal colleague from Honoré-Mercier. Bill C-288 recently passed with the support of all opposition parties, including the NDP. It seeks to have Canada meet its global obligations to the Kyoto accord. That bill is now before the Senate.
I want to congratulate my colleague from Honoré-Mercier, along with the member for Ottawa South, both of whom have been leaders on the issue of the environment, calling for the government to take serious action to combat climate change. It is our hope that the current government, whose members continue to play politics with this issue, would respect Bill C-288 and honour the Kyoto accord.
We have also had significant successes with another bill that is before the House, Bill C-30, the clean air act. Shortly after the introduction of this bill, it was recognized by most members of the House that it fell short of accomplishing any real measures to combat the crisis of climate change. Shortly thereafter, the government agreed to strike a special legislative committee. At the end of March, after a week of intense negotiations and late night sittings, opposition parties rallied around Liberal amendments to the bill and passed a comprehensive plan.
Having served on a special legislative committee on civil marriage a couple of years ago, I can appreciate the time and effort that all parties put in to rewriting the government's bill. I thank each of them for the hard work that they did on this very difficult issue.
To the surprise of many, the renamed clean air and climate change act was reported back to the House on time. When the clean air act was proposed by the government in the fall, many of us on this side of the House were very disappointed because it offered nothing new in our fight against climate change. The bill appeared to distract us from the fact that the government was not using its tools to negotiate with large industrial emitters, as the Liberal government had done. The Canadian Environmental Protection Act as amended in 1999 is already a very robust toolbox to confront large emitters.
Draft regulations to limit emissions were in place in the fall of 2005, but the Conservatives threw them out of the window when they came into office. When the government referred the clean air act to the special legislative committee, we had hoped the Minister of the Environment would propose improvements to the legislation. In the end, the government did not come up with one single substantive improvement.
Further, when it became obvious that the government was not serious and had no intention of taking substantive measures, our leader proposed a white paper called “Balancing Our Carbon Budget”. It is an aggressive and innovative plan to meet the challenge of real and substantial reductions in greenhouse gas emissions.
Balancing our carbon budget would work in the following way.
A hard cap on greenhouse gas emissions would come into effect on January 1, 2008, for the three largest industrial emitting sectors: electricity generation, upstream oil and gas, and energy intensive industries. The cap would be set at the Kyoto standard of 1990 emissions levels less 6% and would establish an effective carbon budget that companies within these sectors could be expected to meet.
Those companies that do not meet their carbon budget would deposit $20, growing to $30, per excess tonne of CO2 equivalent into a green investment account. At a rate of $10 per tonne every year, companies could freely access the funds in the GIA to invest in green projects and initiatives that would contribute to tangible reductions in greenhouse gas emissions.
GIA funds would be held in trust by an independent operating agency governed with participation from the private, public and not for profit sectors. Funds not allocated to a project within two years would be administered by an independent operating agency to be invested in other green projects and initiatives.
At least 80% of the funds would be invested in the province where the facility of the depositing firm is located.
Companies that surpass the reductions called for in their carbon budget would be able to trade their unused allotments to other Canadian firms. Large industrial emitters would also be able to buy international emission credits, certified under the Kyoto protocol, to offset up to 25% of the amount they are required to deposit into GIAs.
Opposition MPs from all parties supported the solutions outlined in that plan and incorporated much of it into the new clean air and climate change act.
The bill now endorses a national carbon budget based on our Kyoto targets and reaches out to 60% to 80% reductions from 1990 levels by 2050. It requires the government to put in place the hard cap for large emitters and uses this hard cap to create market incentives for deep emission reductions.
For years businesses have been looking for the guidance and certainty that this law would provide. When the bill passes Parliament, it will allow companies to plan their investments and green technologies, reward early action and help us avoid the most dramatic climate change scenarios.
I am proud of that work and I am proud of my colleagues. There is more to be done. The next step is to ensure that the government does not ignore the special legislative committee's amendments. In line with that work, I am pleased to support Bill C-377.
