[Bownesian]

https://www.alberta.ca/climate-carbo...ng.aspx#p184s4

Reinvesting in our economy

The carbon levy is the key tool that will pay for the transition to a more diversified economy. Over the next 5 years, the levy is expected to raise $9.6 billion, all of which will be reinvested in the economy and rebated to Albertans.

$6.2 billion will help diversify our energy industry and create new jobs:

• $3.4 billion for large scale renewable energy, bioenergy and technology
• $2.2 billion for green infrastructure like public transit
• $645 million for Energy Efficiency Alberta, a new provincial agency that will support energy efficiency programs and services for homes and businesses

$3.4 billion will help households, businesses and communities adjust to the carbon levy:

• $2.3 billion for carbon rebates to help low- and middle-income families
• $865 million to pay for a cut in the small business tax rate from 3% to 2%
• $195 million to assist coal communities, Indigenous communities and others transition to a cleaner economy