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.

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Post by mrbbon Dec 19, 2023 2:49pm

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Post# 35792277

EV mandate for canada

Electric-vehicle sales mandate coming today

Environment Minister Steven Guilbeault will outline today the details of his plan to eventually phase out the sale of gas-powered vehicles in Canada.

The electric-vehicle sales mandate regulations will be published later this week.

They will set a course to require auto manufacturers to ensure at least one-fifth of the vehicles they offer for sale in 2026 are fully electric or plug-in hybrids.

That will increase to three-fifths by 2030 and then by 2035, all of the vehicles offered for sale in Canada will need to be zero-emission vehicles.

This only makes used ICE more valuable for the next long while. I'm keeping my ICE cars and motorbikes

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Critical raw materials pioneer drives Europe’s clean energy transition