- cross-posted to:
- news@lemmy.world
- cross-posted to:
- news@lemmy.world
Canada’s province of Ontario will slap a 25% export tax on electricity it sends to 1.5 million homes in Minnesota, Michigan and New York, in retaliation for President Trump’s tariffs, said Doug Ford, Ontario’s leader.
Ford added that he will direct the province’s energy producers to shut down the exports entirely if Trump moves ahead with even more tariffs on April 2. He said he would direct his minister of energy to redirect energy from an Ontario nuclear reactor to local manufacturers instead.
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Shut it off
That will shut down so much and really crash the stock exchanges in New York Sure the actual exchange will have backup power however a lot if not most of the brokers will not have the backup power.
Just to be clear I am all for it.
We’re not literally powering all of that stuff. We sell electricity for very cheap. If we cut it off, nobody’s going to lose power, they’re just going to get a much more expensive electric bill.
2002 I think it was, something happened at a Quebec power station; big parts of Quebec and Ontario, along with New York had brown outs and rolling black outs.
Ya, if we were to suddenly, and without warning, cut off their power, it would cause major issues for the American grid. Check out Grady’s Practical Engineering series on the subject on YouTube, or better yet Nebula.
If they keep the tax in effect until AC season the americans will turn it off themselves.
The problem is ontarios energy minister is just a trust fund rich kid with a degree in PR.
We honestly need people in government that have cohesive capabilities and not stooges that jump from education minister to energy minister without having a clue about either.
Fuck sakes.
Like most USian news sources, the article is misleading. Ford said he will add a 25% export tax on electricity IF tariffs persist. He did not provide a timeline on exactly when he might do it. He referred to this as “keeping the powder dry”
This was published before he made those statements.
This is true (about an hour before any official policy was released), which means it was published as a half-informed leak instead of news of actual policy. However, claiming an (inaccurate) leak as released policy remains misleading.
He said it in an interview with the WSJ.
This cocksucker fake president of ours is speedrunning economic collapse and we just kinda, like… wait for it, I guess?
