Summary Core Policy Change: Canada has repealed the fuel carbon tax, but industrial carbon pricing continues to rise, creating cost pressures for energy-intensive industries like crypto mining. Carbon Price Mechanism: Industrial carbon prices impact miner operating costs primarily through electricity rates, especially in provinces reliant on natural gas for power generation (e.g., Ontario, Alberta), where prices rise significantly with the carbon price. Challenges for Miners: * Carbon price a...

Summary Core Policy Change: Canada has repealed the fuel carbon tax, but industrial carbon pricing continues to rise, creating cost pressures for energy-intensive industries like crypto mining. Carbon Price Mechanism: Industrial carbon prices impact miner operating costs primarily through electricity rates, especially in provinces reliant on natural gas for power generation (e.g., Ontario, Alberta), where prices rise significantly with the carbon price. Challenges for Miners: * Carbon price a...