Discussion · Private Members' Business
Greg McLean Conservative
“The government's clean energy tax credits are not working. They planned to spend $103 billion, but only $22 million has been used. We should focus on capturing waste heat instead, because it is an easy and cheap way to make electricity.”
“Madam Speaker, I think, in my speech, I addressed that very clearly, but I will give another data point for the hon. member. All of the government’s investment tax credits for clean energy production amount to the expected spending of $103 billion, between when it started a handful of years ago and 2035. In fact, because it is a misguided approach, only $22 million of that money has been spent, That is because it is misallocated. We have to go for the low-hanging fruit here first of all. The low-hanging fruit is the waste heat that is already being produced, which we can cost-effectively get into our electricity system. I hope my colleague looks at this from a cost-effective perspective. I have, and I think it is our best approach going forward.”
-
Reply to a debate question
Relevance 100 of 100
Of this reply, 100% addressed the question or point raised.
See full analysis
Madam Speaker, I think, in my speech, I addressed that very clearly, but I will give another data point for the hon. member. All of the government’s investment tax credits for clean energy production amount to the expected spending of $103 billion, between when it started a handful of years ago and 2035. In fact, because it is a misguided approach, only $22 million of that money has been spent, That is because it is misallocated. We have to go for the low-hanging fruit here first of all. The low-hanging fruit is the waste heat that is already being produced, which we can cost-effectively get into our electricity system. I hope my colleague looks at this from a cost-effective perspective. I have, and I think it is our best approach going forward.