Suncor Energy Inc T.SU

Alternate Symbol(s): SU

Energy Oil & Gas Integrated

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.

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Suncor Energy Inc > carbon tax

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Comment by matt2018on Sep 25, 2023 2:11pm

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Post# 35652762

RE:RE:RE:RE:RE:RE:RE:RE:carbon tax

Incredible isnt it.
True figure for total taxes generated by oil sands businesses would likely be $100B+
How many 1000's of theses bogus start-ups and how many decades would it take the ones that survive to pay that amount of taxes combined?
Nevermind that, they wouldnt even be able to likely generate tax revenue to offset the money they take out of government coffers for grants, interest free loans and all the other gov't freebies.
What a joke.

ztransforms173 wrote:
matt2018:

- in 2022, the Government of Albera will COLLECT oil sands ROYALTIES of ~ $ 20 BILLION

* this does NOT include the CORPORATE income taxes or oil sands company employee INDIVIDUAL income tax payable

z173