In a fit of pique over Trump administration tariffs, the leader of the province of Ontario has announced an export tax on electricity supplied by Canadian producers to approximately a million and a half American homes.
Could there be a better argument for American energy independence?
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 U.S. tariffs, said Doug Ford, leader of the Canadian province.
Ford added that he will direct energy producers to shut down the exports entirely if President Trump moves ahead with more tariffs on April 2. He said he would have energy from an Ontario nuclear reactor redirected to local manufacturers instead.
It’s unclear as to how easy it would be for an energy company to simply shut down one arm of a power grid. It’s not like walking over to a…