QUESTION PERIOD — Environment and Climate Change
Clean Investment Tax Credits
June 15, 2023
My question is for the Government Representative in the Senate.
Senator Gold, the clean investment tax credits set out in budget 2023 seek to reduce our emissions while creating more clean energy, which we will need to meet the Net Zero Accelerator target before 2050.
That being said, the government failed to make one essential climate technology eligible for its series of investment tax credits, namely, the production of renewable biogas from organic waste.
In 2019, I wrote a report for Quebec that shows how biogas can transform greenhouse gas emissions from our farms and domestic solid waste into a source of clean energy.
Canada is not currently using this technology to its full potential. Municipalities and farmers need support to develop these important technologies, so that they can be competitive in terms of investments. When will the government include renewable biogas in its tax credit regime for investments in clean technology?
As I have already noted, the government made transformational investments in Budget 2023 to build Canada’s clean economy and to fight climate change. With respect to your question, I will bring it to the attention of the appropriate minister.
