this post was submitted on 29 Nov 2025
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There was a very good reason that Germany abandonned its end of life nuclear. Refurbishing them costs a fortune for a handful of years of service. Nuclear has always been unbankable, uninsurable, and pure corrupt bribery.

Ontario Government plans to offset the rate increase through a large deficit expansion, where tax rates will need to go up if we don't choose bankruptcy.

Importing from Quebec would be much cheaper, and at begining of Ford's rule, he did cancel finished wind farms.

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[–] avidamoeba@lemmy.ca 6 points 14 hours ago* (last edited 14 hours ago) (1 children)

And electricity prices are already subsidized by the ON gov't. I'm not saying they shouldn't be but the reasons why the cost got high enough to need subsidy are pretty stupid.

[–] humanspiral@lemmy.ca 4 points 3 hours ago

Ontario, even before this hike, has one of the highest electricity prices in the world due to regressive fixed fees of $50/month for Toronto Hydro. High fixed fees subsidizing lower per kwh rates (even without tax funded subsidies) provides less incentive for conservation (or home solar), and rewards high electricity users. Ontario electricity policy was already deeply corrupt and a collapsing factor for any less subsidized users.

Quebec has the cheapest rates in the world, by comparison. I heard so much rah rah about interprovince commerce. But every policy in a crisis is just more theft and destruction of Canada.