The purpose of the present Act is to provide for a carbon levy on consumers of fuel to be effected through a series of payment and remittance obligations that apply to persons throughout the fuel supply chains. The revenue from the carbon levy may only be used: a) for initiatives related to reducing emissions of greenhouse gases or supporting Alberta’s ability to adapt to climate change, or b) 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. The text consists of 82 sections divided into 5 Parts as follows: Carbon levy on fuel (1). This Part consists of the following Divisions: Imposition of carbon levy (1); Special rules (2); Exemptions (3); Rebates and biomethane credits (4); Other circumstances in which a carbon levy is payable (5); Remittance and recovery of carbon levy (6); Registration (7); Assessments (2); Investigations, enforcement and offences (3); Administrative provisions and regulations (4); Transitional provisions, related amendments and coming into force (5). One Schedule is enclosed.
Climate Leadership Act (SA 2016, c. C-16.9).