Thank you.
Currently, the carbon tax that big polluters pay is used to fund green projects in the province where it was collected. If the oil companies don't have any green projects, they lose the money at the end of the year. It's a bit like the infrastructure money for municipalities: if the work isn't carried out by the end of the year, they lose the money.
If Bill C‑47 is passed, division 36 will make it possible to put the money aside for future use. That could incentivize oil companies to take their time, so they would be in no rush. Do I understand the division correctly?