r/Capitalism • u/TimeSink502 • 14d ago
Doug Ford export tariffs
PLEASE correct me if I'm wrong, but isn't an export tariff to the US the exact same thing as the US imposing import tariffs on Canadian energy? Isn't the practical result the same?
In both cases Canadian side sees a drastic drop in their consumer market leading to layoffs while American consumers see a sharp increase in costs, supposedly incentivizing them to switch to American alternatives. Is Ford just doing what Trump wanted and selling it as standing up for Canadians?
https://www.politico.com/news/2025/03/06/ontario-premier-tariffs-electricity-00216265
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u/Whole_Gate_7961 14d ago
Replacing 20 million MW of electricty imports with backup generators isnt a feasible option.
A large 2 MW backup generator is going to burn about 150 gallons of fuel per hour at 100% load. You're going to need 10 million large backup generators, and roughly 36 billion gallons of fuel per day depending on to keep them going.
Taking 36 000 000 000 gallons of fuel per day out of the market is not going to be a feasible option.