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Bullboard - Stock Discussion Forum 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... see more

TSX:SU - Post Discussion

Suncor Energy Inc. > MarketWatch commenters add to the great debate
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Post by Donwaan on Apr 08, 2024 2:33pm

MarketWatch commenters add to the great debate

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!
Comment by mrbb on Apr 08, 2024 3:35pm
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.   
Comment by Donwaan on Apr 08, 2024 7:39pm
Maintain your ICE as long as possible. That's exactly what I am doing mrbb except my car is a Hybrid with 406,000 kms on it. Glad to see we agree on something! ;-)
Comment by mrbb on Apr 08, 2024 9:29pm
Good luck with getting Canadians to ditch their gas guzzlers.
Comment by mrbb on Apr 08, 2024 9:30pm
all thanks to ICE technology
Comment by Marty47 on Apr 08, 2024 10:15pm
First, when  a government make law to force me to buy an ev , I do the opposite , if Guilbeault tell ev are good , I now  feel  even worst about ev, lies lies and more lies , once you got an ev .... gooood lock to get it fix later , Nooooobody will fix them as nobody will be knowledgeable , we need doctor , nurses etc ...ev mecanics will be available 2035 , so if you are out of ...more