Enbridge Inc T.ENB

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

Energy Oil & Gas Midstream

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.

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Enbridge Inc > Carbon Tax is inflation creator, nothin else

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Comment by TickerTwiton Feb 15, 2022 12:28pm

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Post# 34430410

RE:RE:RE:RE:RE:RE:Carbon Tax is inflation creator, nothin else

Correction below: "emissions and carbon taxes".

TickerTwit wrote: But it could, if implemented sensibly. (1) Subject all imports to the carbon tax. (2) Drop the "Climate Action Initiative" idea; it's useless. (3) Publish emissions carbon taxes for all businesses taxed, so that consumers can identify the cleaner choices among them and buy accordingly (if they wish). Ideally, competing businesses will drive down emissions so that they are able to minimize price increases and steal market share from their dirtier competitors.

If the tax is applied to non-competitve markets, nothing will happen. Enbridge is the only gas provider in my region; the carbon tax can't have any effect while Enbridge has no competitor here, so yes, it's simply inflation.

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moneywinner1 wrote: It's not about liberals or conservatives, just a point that this tax does not do any good to the climate but it does to inflation on every product from gas bill to salad production ,