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Bullboard - Stock Discussion Forum Enbridge Inc T.ENB

Alternate Symbol(s):  EBGEF | T.ENB.PF.V | EBBNF | T.ENB.PR.T | ENBRF | T.ENB.PR.A | T.ENB.PR.V | 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 | ENNPF | ENBHF | 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

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... see more

TSX:ENB - Post Discussion

Enbridge Inc > What does "net zero" emmissions actually mean
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Post by Marner16 on Apr 07, 2021 1:21am

What does "net zero" emmissions actually mean

I found the article in the following link to be interesting and thought others might enjoy the easy read: 

https://www.wri.org/blog/2019/09/what-does-net-zero-emissions-mean-6-common-questions-answered

I found a couple of interesting takeaways from the article:

1) Net zero doesn't mean the end of hydrocarbon use

2) Any residual GHGs would be balanced with an equivalent amount of carbon removal, for example by restoring forests or through direct air capture and storage (DACS) technology. The concept of net-zero emissions is akin to "climate neutrality."

SU committed to carbon recapture some time ago and has effectively implemented it in one of its facilities. 

I expect that we are going to be hearing a lot more about the combination of carbon recapture and storage in the future. 

Jennifer Granhold, the new Energy Secretary in the States recently warned the oil industry to pretty much get on board with the new green agenda or become obsolete.

I think the article in the link above provides a realistic roadmap (as opposed to left wing vigilante tactics) of how the oil industry (and ENB representing the pipes that will move the O&G) will respond in the coming years to the agenda of the Paris Agreement.

When I take into consideration the impending technological advancements that I have been learning about that will dramatically reduce the impact on GHG emmissions in the creation of electricity (which currently causes 27% of all GHG vs 28% for all transportation), I'm actually becoming opptimistic about the future of our planet. 

If we could just find a technological advancement to eliminate policians and lobbyists, things would work much faster and smoother.
Comment by Fantome on Apr 08, 2021 8:14am
This post has been removed in accordance with Community Policy
Comment by Chad123 on Apr 10, 2021 7:49am
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