Mr. Speaker, the concept that we are going to have a tax of $195 a tonne on carbon emissions is just frankly ridiculous. Anyone who is in the energy business, the retrofit business or the renewable energy business, businesses that I am very familiar with, would be jumping up and down at the thought that we would somehow get these kinds of dollars as a tax on carbon emissions.
Within Bill C-30 there are provisions for the $30 a tonne for carbon going into a bank fund. It is not a tax but it fixes a dollar amount around a particular substance.