Ontario Raises Electricity Price by 25% for Minnesota, Michigan and New York

bloomberg.com

28 points·toomuchtodo··5 comments

Also discussed a couple days ago in https://news.ycombinator.com/item?id=43256389 (31 points, 6d, 31 comments).

Still wonder if Quebec will do the same. New England has been spending so much effort building a hotly contested green energy interconnect across Maine down to Massachusetts. New England Clean Energy Connect (NECEC). A bit shy of $2B projected for 1.2GW transmission line.

I wish the same would happen to Oil imported from Canada. Doing that may help a bit with Climate Change.

I do not know about Ontario, but IIRC, most electricity imported from Quebec is hydro.

Canada is preparing to start shipping their fossil gas (which they have a ~200 year supply in known reserves, ~1.3 trillion cubic feet) into the global LNG market (through the LNG Canada terminal in Kitimat, BC which is currently starting up/cooling down for cryogenic operations [1]) vs providing it to the US.

This will potentially (commodity market participant actions can be a challenge to predict) push up fossil gas prices in the US (which is also looking to lift an export ban from the Biden admin, which will further expose US fossil gas prices to the global market), forcing a faster transition to firmed renewables in the US [2] [3].

[1] https://www.offshore-energy.biz/shell-led-jv-preps-for-criti...

[2] https://cleantechnica.com/2025/03/02/in-solar-vs-gas-matchup...

[3] https://www.latitudemedia.com/news/engies-pulled-project-hig...

(commodity market participant)

https://archive.today/b2F0m

What are other examples of export tariffs?

Reply on news.ycombinator.com