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Suncor Energy Inc T.SU

Alternate Symbol(s):  SU

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

Comment by mrbbon Apr 24, 2023 2:36pm
75 Views
Post# 35410893

RE:RE:RE:RE:I think.....most are missing the point

RE:RE:RE:RE:I think.....most are missing the point

regarding CO2 reduction and carbon sequestrration, don't let the PhD scientists fool you, they too jumped into the climate change bandwagon for personal gain, like keeping their their job or making a name for themselves.  Peer pressure is strong on this climate change bandwagon.  You see, we really don't have a CO2 problem. In fact plant start to suffer at <500 ppm CO2.  We currently at 440 ppm, meaning the earth is still at a CO2 deficient phase.  At 200 ppm CO2, plant start to die off. Yes. we are at a stage where plant life is really just at surviving mode with the curent 440 ppm CO2. 

on CO2 sequestration, we need to build new facilty to do this, it mean running huge separator amine separators (boilers) and huge compressors to shove CO2 into the deep ground, meaning more CO2 get generated on top of what we to want sequestrate.  Don't let the BS science fool you.

Atmospheric CO2 Concentrations At 400 PPM Are Still Dangerously Low For Life On Earth (notrickszone.com)

However, i do agree that we have the knowledge to deal with the settling pond issues and in water management.  My guess is most business like to stay running at status quo. Coming up with new idea require new capital (which investors don't like), and a whole more delay on approval process by the regulators. Getting approval on new project, even if it improve the environment, would require more delay, more review, pilot project, etc.  Nothing new run perfect on the first time. Hence, business like suncor prefer to do ac hoc improvement/adjustment on problems. I'm not saying i have the full answer but just trying to understand why SU isn't doing the things you had suggested

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