Not completely. There are opportunities to recycle federal carbon tax revenues to companies to put in place effective carbon abatement programs and efficiencies at both manufacturing facilities and other operations. There are good examples of companies investing in that. The more of those funds that get recycled through to a company once they've been paid, the greater the speed of innovation you'll see at a facility to reduce overall emission outputs.
On November 2nd, 2020. See this statement in context.