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Enbridge Inc T.ENB

Alternate Symbol(s):  T.ENB.PR.B | T.ENB.PR.Y | T.ENB.PR.D | ENBFF | ENB | T.ENB.PR.F | ENBGF | T.ENB.PF.A | T.ENB.PR.G | ENBHF | ENNPF | T.ENB.PF.C | T.ENB.PR.H | T.ENB.PF.E | T.ENB.PR.I | ENBMF | EBRGF | T.ENB.PF.G | T.ENB.PR.J | ENBNF | T.ENB.PF.K | T.ENB.PR.N | ENBOF | EBRZF | T.ENB.PF.U | EBBGF | T.ENB.PR.P | EBGEF | T.ENB.PF.V | EBBNF | T.ENB.PR.T | ENBRF | T.ENB.PR.A | T.ENB.PR.V

Enbridge Inc. is an energy transportation and distribution company. The Company operates through five business segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. Liquids Pipelines consists of pipelines and terminals in Canada and the United States that transport and export various grades of crude oil and other liquid hydrocarbons. Gas Transmission and Midstream consists of its investments in natural gas pipelines and gathering and processing facilities in Canada and the United States. Gas Distribution and Storage consists of its natural gas utility operations. Renewable Power Generation consists of investments in wind and solar assets, geothermal, waste heat recovery, and transmission assets. Energy Services provides physical commodity marketing, logistics services, and energy marketing services. The Company owns Aitken Creek Gas Storage facility and Aitken Creek North Gas Storage facility.


TSX:ENB - Post by User

Post by Marner16on Jan 20, 2021 11:25pm
358 Views
Post# 32341966

Canada is cleaning up it's oil sands

Canada is cleaning up it's oil sands

Today from oilprice.com

A new study, however, shows that Canada is already making progress in bringing down the carbon footprint of the Albertan oil and gas industry. Using internal company data from three Albertan oil sands operations, researchers from the University of Calgary, University of Toronto and Stanford University found that these companies’ greenhouse gas emissions are on the decline. “Current emissions at the three sites are 14 percent to 35 percent lower than reported in previous studies,” The Globe and Mail
reported last week, and “new technologies could further decrease those upstream emissions by 14 percent to 19 percent compared with current technology.

I have read that Suncor's Foot Hills site is already cleaner in terms of GHG than some oil produced in California.

In an attempt to sway Biden's mind about KXL, TRP was boasting this week that they would be able to deliver net zero GHG emmissions for their proposed KXL pipeline by 2030.  If TRP can do it, ENB can do it. 

Suncor and CNQ are going to keep LIne 3 running at capacity well past the end of my life. 

I think the goal should be to clean it up, not tear it up.

 


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