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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 production; petroleum refining in Canada and the United States; and the Company’s Petro-Canada retail and wholesale distribution networks (including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicle (EV) stations). The Company is developing petroleum resources while advancing the transition to a lower-emissions future through investments in lower-emissions intensity power, renewable feedstock fuels and projects targeting emissions intensity. The Company also conducts energy trading activities focused primarily on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region.


TSX:SU - Post by User

Suncor Energy Inc > A change of pace
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Comment by Oldnaggeron Sep 22, 2021 3:33am
171 Views
Post# 33897056

RE:A change of pace

RE:A change of pace

China has finally agreed to stop financing new coal projects in other countries. They will nevertheless continue to finance new coal plants within China up till 2030.
When it comes to fighting climate change, the 900 pound gorilla in the room is China !! What is tthe UK 's response? They are now in a full blown energy crisis due to having shut down their coal plants in favour of imported electricity and unreliable renewables. What is the hypocritical response from the US? They are increasing coal production as Nat gas prices rise. They do not have a carbon tax..
So why would anyone trust them or even listen to them?
What will be Canada's response ??? The entire planet waits with baited breath !! LOL

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