Uncertainty Remains Around Energy Tariffs amid Last-minute Deals

As the Trump administration forged last-minute agreements with Canada and Mexico to postpone steep new tariffs, the energy industry fretted about potential fallout for cross-border supply chains and wholesale electricity markets.

Joe LaRusso, manager of the Clean Grid Program at the Acadia Center, a New England-based climate advocacy group, said he does not think tariffs would have a major effect on New England resource mix, but said they would likely lead to an overall increase in electricity prices.

“It’s not good for a region that is already feeling the pinch of a significant energy burden,” LaRusso said, adding that the cost increases would likely be the most pronounced in the winter, when the region relies most heavily on imported electricity. 

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