Which of the following is true of the Pan-Canadian Framework on Clean Growth and Climate Change?
1) It specifies a backstop program to price carbon if provinces or territories are unwilling or unable to administrate one.
2) It covers carbon pricing but not measures to adapt to a changing climate.
3) It requires provinces and territories to establish a BC-style tax on carbon emissions.
4) It specifies that all revenues earned from carbon pricing should be rebated back to residents in the same way as the BC carbon tax.