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Enbridge Inc T.ENB

Alternate Symbol(s):  ENB | T.ENB.PF.A | ENBSF | T.ENB.PF.C | ENBOF | T.ENB.PF.E | ENBFF | T.ENB.PF.G | T.ENB.PF.U | EBBNF | EBGEF | T.ENB.PF.V | ENBGF | T.ENB.PR.A | EBRGF | T.ENB.PR.B | EBRZF | T.ENB.PR.D | T.ENB.PR.F | ENBHF | T.ENB.PR.H | ENBRF | T.ENB.PR.J | 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

Comment by FiddyFiddyOddzon Oct 31, 2021 5:38pm
492 Views
Post# 34071244

RE:Will shutting down Line5 reduce demand for fossil fuels?

RE:Will shutting down Line5 reduce demand for fossil fuels?Perhaps Elon Musk will supply Michigan with EV trucks in the same way he agreed to supply Hertz with EV's:

https://www.theguardian.com/commentisfree/2021/oct/30/hertzs-supercharged-tesla-deal-could-haul-us-into-the-electric-vehicle-age

Nissim wrote:"Guys, I'm curious if shutting down line 5 will reduce demand for fossil fuels. And if the estimated  2500 trucks needed  for transporting fossil fuels replace line 5, I'm assuming they will all be electric trucks, right? I'm sure the environmentalists have thought this out in an intelligent manner ;-)"
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