RE:RE:If I was running SuncorI really do not get all this talk about orphaned Oil Assets. No respectable organisation such as the EIA is talking about the end of petroleum. They are talking about the leveling off in demand in 15 to 20 years time. Renewables are very costly once the necessary storage and distribution costs are added in. Furthermore they are very capital intensive, with long lead times and low rates of return which are hardly conducive to implementation.
If anyone thinks that governments will do the job, think again .
There is also the not too small issue that outside Canada and Europe, everyone is much more concerned about securing supplies of a commodity they desperately need !!