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.

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Suncor Energy Inc. > Just Stop Oil Nutters

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Comment by mrbbon Nov 21, 2023 12:12am

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Post# 35745739

RE:RE:RE:RE:RE:Just Stop Oil Nutters

SEC may walk back some of the emission reduction requirement

SEC signals it may curb back climate rule ambition

mrbb wrote:
in case so Experienced dunno, politicians do flip flop when the time come.

You should know no countries will meet their emission target they set, right? Why? Coz policy makers won't be around in 20-40+ years but buying virtue votes now worth lying for.

To kick off the flip flop early to the green virtue bandwagon, here are some that fell off the bandwagon:

- Rishi Sunak, Britain PM, has delayed the ban on new petrol and diesel cars in a major shift on green policies. The original plan was to ban people from buying petrol and diesel cars from 2030, but now the requirement for all new cars to be “zero emission” will not come into force until 2035. The prime minister announced exemptions and delays to several key green policies, alongside a 50% increase in cash incentives to replace gas boilers. The government could not impose “unacceptable costs” linked to reducing emissions on British families, he said. The changes come as Mr Sunak seeks to create dividing lines with opposition parties ahead of a general election, expected next year.. Framing the changes as “pragmatic and proportionate”, the prime minister has unpicked several of Boris Johnson’s key policies, many of them launched when Mr Sunak was serving as chancellor

- JT flip flopping on carbon tax for atlantic region

Experienced wrote: As usual my friend, we agree to disagree..

I guess the proof in the pudding will be to see in 10 years (if I am still alive...lol) as the legislation banning new car sales of ICEs is implented where the stock price of SU is compared to other alternatives and TSX.