Motion that the Climate Leadership Implementation Act be amended in schedule 1 by striking out section 3(2) and substituting the following:
(2) The revenue from the carbon levy may only be used to provide rebates or adjustments related to the carbon levy to consumers, businesses and communities, including adjustments in the form of tax credits or tax rate reductions.
My intention with the amendment, Madam Chair, is to make the carbon levy revenue neutral. Of course, that would do several things that I think would improve the bill dramatically. First of all, it would actually focus the money taken from Albertans in the form of a tax – I know that the government calls it a levy – and it would make sure that it gets used in the economy. In other words, the amount of tax that comes out of the economy goes back in in other tax cuts, making it truly revenue neutral.