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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 mrmomoon Jul 11, 2023 7:26am
133 Views
Post# 35534917

RE:RE:RE:RE:Fact and Fiction - Where is the world Going?

RE:RE:RE:RE:Fact and Fiction - Where is the world Going?Some very insightful comments Mr. Autofocus, thx for spending the time to share your thoughts the with the board. But just to put this thread to rest, i just want to add that i agree that in terms of Nuclear power gaining acceptance & growing, SMR's are the way forward. Their designs are much safer, easily maintained & less costly than the typical reactor built & that's been in use for the past 100 years. And way less of a chane of some meltdown like it occurred in Chernobyl, Five mile or the recent Fukushima incident, the last being solely the unfortunate result of mother nature & not human error or intervention.

I think when most of Europe finally realizes than Nuclear is the ONLY was forward for them, the new tech & sector will finally take off. It has already started to gain some minor ground in places like Sweden & Belgium, places which more or less dismissed outright in the past due ot ESG foolishness. The only ones smart enough to continue using this technology and not chuck it totally in the waste bin, as per usualy, were those savvy asians like the Japanese & Chinese. Most of North America & Europe fell victim to those dreadful & ill advised ESG mandates which clumped nuclear in with coal & fossil fuels.
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