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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 GingerEnergy111on Sep 05, 2023 12:42pm
120 Views
Post# 35620077

RE:RE:RE:Pathways versus The Honourable Steven Guilbeault

RE:RE:RE:Pathways versus The Honourable Steven GuilbeaultDangerous stuff:
The implementation of CGF will be guided by five principal criteria: 1. Speed: CGF must be stood up quickly in order to keep pace with other jurisdictions— especially the U.S.—and contribute as soon as possible to achieving Canada’s ambitious 2030 emissions reduction targets. Time is of the essence if we are to succeed. 2. Independence and market credibility: CGF requires the capacity to make timely, independent investment decisions—which is crucial to its market credibility and the willingness of other investors to work with CGF. 3. Source of funding: CGF requires a secure funding mechanism to provide it with a stable capital base for the long-term. 4. Governance: CGF needs to have in place quickly a governance structure and executive team, as well as the ability to attract and retain the talent required to responsibly manage a large investment fund that is of critical importance to Canada. 5. Transparency: To ensure its full accountability to the people of Canada, CGF must have transparent public reporting, including to Parliament, on its operations, investments, and the performance of CGF against its mandate.

Whenever "the government" has an objective that is "too much, too fast or too soon": my spidey sense perk up and I get that angsty feeling that something is wrong.  


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