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Enbridge Inc T.ENB

Alternate Symbol(s):  ENB | T.ENB.PF.A | T.ENB.PF.C | T.ENB.PF.E | ENBOF | ENBFF | T.ENB.PF.G | EBBNF | T.ENB.PF.U | T.ENB.PF.V | EBGEF | T.ENB.PR.A | ENBGF | T.ENB.PR.B | EBRGF | T.ENB.PR.D | EBRZF | T.ENB.PR.F | T.ENB.PR.H | ENBHF | T.ENB.PR.J | ENBRF | T.ENB.PR.N | ENNPF | T.ENB.PR.P | ENBMF | T.ENB.PR.T | T.ENB.PR.V | EBBGF | ENBNF | T.ENB.PR.Y | T.ENB.PF.K | T.ENB.PR.G | T.ENB.PR.I | T.ENB.PR.Z

Enbridge Inc. is an energy transportation and distribution company. The Company operates through five business segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. Liquids Pipelines consists of pipelines and terminals in Canada and the United States that transport and export various grades of crude oil and other liquid hydrocarbons. Gas Transmission and Midstream consists of its investments in natural gas pipelines and gathering and processing facilities in Canada and the United States. Gas Distribution and Storage consists of its natural gas utility operations. Renewable Power Generation consists of investments in wind and solar assets, geothermal, waste heat recovery, and transmission assets. Energy Services provides physical commodity marketing, logistics services, and energy marketing services. The Company owns Aitken Creek Gas Storage facility and Aitken Creek North Gas Storage facility.


TSX:ENB - Post by User

Bullboard Posts
Post by marketsenseon Jul 07, 2020 7:18pm
269 Views
Post# 31236674

Good Dialogue

Good DialogueWell said again gentlemen.  It seems whenever the spectre of a structural change in societies
preferences arises,  the baby gets thrown out with the bathwater.  This issue of renewables
versus fossil fuels is similar to EV's versus conventional fossil fuel burning engines.  Are we
going to trash all our conventional vehicles and sell all our oil related stocks because of this?

These changes take time and are expensive.   The drive to change has to be more than a 
political correct motivation.   There has to be an economic payoff for it to make sense in order
to speed up the process.   Improvements in exhaust emission technology seems a far
better way of tackling the problem for the present than forcing civilization to make a drastic
switch to EV's.  Nothing wrong with trying to improve EV's in the meantime but as Fantome has pointed,  there are hidden,  unintended consequences of suddenly changing to an EV civilization.
Same goes for Renewables.

I for one am certainly not going to overeact in my opinion re ENB.  If the market starts to de-
value it more, I would be a buyer much the same as Mr. Buffet.


MS

Bullboard Posts