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Suncor Energy Inc. T.SU

Alternate Symbol(s):  SU

Energy Oil & Gas Integrated
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

Suncor Energy Inc. > More Green Lies
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Post by mrbbon Oct 10, 2023 5:08pm
220 Views
Post# 35677744

More Green Lies

More Green Lies

Trudeau’s super-charged battery foolishness reaches new heights


GREEN: Trudeau’s super-charged battery foolishness reaches new heights (msn.com)


Remember, Prime Minister Justin Trudeau said the “full economic impact of the project will be equal to the value of government investment in less than five years.” But according to the PBO, it will take 20 years, not five years, to merely recover the money the government “invested” on behalf of Canadians. There’s no actual profit to be had at that point.


To me, forecasting beyond 5 years is a mug game. That 20 years payout by PBO still assumed things go according to some plans, nothing does in this time scope. I say the free handouts to the battery plants would never pays out.  
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Dealroom for high-potential pre-IPO opportunities