RE:Another 12mm share cross at the close This whole dialogue concerning the petroleum industry and its role in combatting global warming has grown exponentially over time into hyper -idiocy. There is no road map whatsoever as to the best most efficient means to deal with the problem nor even to who will play what roles and who will fund them. There is not any semblance of a budget nor enumeration of the very substantial costs involved . There has been no audit of whether any of the proposed solutions are or are not making the problem worse rather than better.
For investment managers and project insurers to jump into the fray only serves to compound the lunacy.
Present day leaders, have only proven their complete lack of understanding and utter incompetence as has been witnessed by their ineptitude in dealing with Covid.
Anyway if we are going to shut down our present day Petroleum infrastructure and replace it by electrification, it might behoove people to think about who is responsible for providing electrical power in Canada !!