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Suncor Energy Inc. T.SU

Alternate Symbol(s):  SU

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading, offshore oil and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks, including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicles (EV) stations. Petro-Canada has a network of over 1,800 retail and wholesale locations across Canada, providing customers with a wide variety of fuel and service offerings including low-carbon fuel options. It is developing petroleum resources while advancing the transition to a low-emissions future through investment in power and renewable fuels. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region, approximately 90 kilometers north of Fort McMurray.


TSX:SU - Post by User

Comment by mrbbon Apr 08, 2024 3:35pm
98 Views
Post# 35977452

RE:MarketWatch commenters add to the great debate

RE:MarketWatch commenters add to the great debate

i say not buying an EV make the best environmental case.
keep your ICE and maintain it as long as possible, because common sense people knows that is the best energy efficient option.
  Just 1 more year of madness to endure, when PP and Trump come onboard, i will re-open my salt extraction facility to process all the leftist tears. 



Donwaan wrote: Good luck with getting Canadians to ditch their gas guzzlers. Subsidies for EV's aren't the answer as governments have no money. Rather than increasing our debt, it is more efficient to institute a carbon tax. This will reduce fossil fuel use and make carbon free energy sources more desirable. The extra revenues could reduce our deficit and make it possible to lower business taxes, increasing Cdn profitability and competitiveness. As near as has been able to be calculated, the total CO2 utilization of an EV, over its entire lifetime, is about 1/2 that of a comparable ICE vehicle. (This is hard to calculate precisely because so few EVs have actually reached the end of their useful 'lives', and there are so many variables that need to be included. For example, natural gas used to create electric power is shipped in very efficient pipelines, and the electricity created sent to EVs is transmitted via electric power lines whose loss is around 6%, while gasoline comes from oil shipped in VLCC ships, and is sent to gas stations via semi-trucks in a less efficient process.) GLTA!

 

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