FormerXBC Inc XEBEQ

KXL and XBC

[alsoranaround]

It's a bit of a stretch to compare TransCanada's Keystone XL and Xebec but here's my argument: anyone that is outraged that Biden would pull Keystone's permit is missing the big picture.

The big picture is simply that the world needs to de-carbonize and energy infrasture is going to slowly transition away from fossil fuels and into renewables.  So you can complain about pipelines or you could recognize that there's actually a massive, long-term opportunity to invest in renewables.

The following interview aligns with this view:

https://www.bnnbloomberg.ca/video/clean-energy-has-a-four-year-growth-runway-scotia-s-andrew-pyle~2120856

"(Clean Energy) is a long-term trend that investors need to look at."

Interesting commentary on the valuation of clean-energy stocks, and how they have become 'momentum' stocks.  The argument, and part of the reason why Xebec has been doing so well, is simply that there aren't many Canadian clean-energy stocks to invest in.

Governments around the world will be investing heavily in their economies to recover from Covid, Xebec and renewable energy will be big benefitiaries.

[newcoin]

I'm just upset that Kenney put $1.5 billion of my money into this pipeline. Now what is going to happen? Are we going to be worse off than we were before? What a mess! Alberta is already suffering. And now we're going to lose $1.5 billion. I want to support green. Which I am by my extremely, major investment in XBC. But how can I not be concerned about Alberta's future? We may be

[ZouZS3]

I think this announcement is just a way to negotiate a better deal on climate action for the US-Canada. I believe biden understands that Canada has a competitve advantage and this announcement will just bring Canada to the table. Canada's ambassador to the United States said she would continue to promote a project that she said fit with both countries' environmental plans. "There is

[sumpineh]

[sumpineh]

Most would agree about the need to de-carbonize.It cannot happen overnight though.Our government could have more money to put toward green energy if Kexstone goes thruogh.I think for Americans this is not an issue about not using oil but it is about not using Canadian oil.This pipeline will not cost our government anything and will create jobs and income to put toward our mountain of debt We can

[bmbruce]

 Biden's move away from the fossil fuel industry in his expected announcement to cancel KXL, is just a first move that will over time shift energy policy away from fossil fuels, what will be more important in this transition is when large corporations that have committed themselves to ESG investing, and the numbers are increasing rapidly, will find it totally untenable to invest in the

[sumpineh]

Keystone is just an easy target It is Canadian.He will find it more difficult and less popular to curtail American shale production.

[NorthProspector]

The real reason why Biden, and Obama before him, canceled Keystone XL is because it feeds the Koch brothers refineries.... green or enviro is just political points from the unaware that they gain from hurting who was paying to campaign against the Dems, and why it gets approval every time a Republican gets voted in as President. Simple as that.