This document discusses options for recycling revenue from carbon pricing and considers the trade-offs between household fairness, business competitiveness, economic growth, emissions reductions, and public acceptability. It analyzes six options for revenue recycling: transfers to households, reducing income taxes, investing in infrastructure, clean technology, reducing government debt, and supporting industry. Through modeling different scenarios, it finds that revenue recycling can address challenges from carbon pricing while supporting broader economic and environmental goals, but the best approach depends on each province's unique context. It recommends that governments use revenue recycling to address fairness and competitiveness, clearly define objectives, use a portfolio of approaches, and adjust priorities over time.