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Enbridge Inc T.ENB

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

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

Comment by HeavyMetalFactson May 11, 2021 12:44am
473 Views
Post# 33171498

RE:DO WE REALLY NEED LINE 5

RE:DO WE REALLY NEED LINE 5Environmental Defense is not really about environmental defense.    "The US has pipeline capacity to fill in for line 5."   You bet it does, and what companies are lobbying Michigan's governor....I dont know, but i do know that to suggest that shutting line 5 will reduce GHGs is wrong.   That oil has to get to Sarnia and the US north east somehow.   What are the benefits to a line 5 shut down.....US shale producers and US pipeline interests.   The GHG impact of oil transport is lowest for pipelines.   Dont for a minute think that Michigan's position (or the cut out from ED that you posted) is about anything but the money.

I dont want to sound all Alberta Conspiracy theory here, but who is paying environmental defense bills.   For them to suggest the oil from the US pipelines can cross the great lakes more safely than  Enbridge's  doesnt sound like a purely  environmental arguement.    Instead of being anti business, they should be getting the Enbridge customers to quit using gas and oil, then there wont be a line 5.


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