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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 Jul 30, 2024 7:04pm
127 Views
Post# 36155260

RE:Air New Zealand scraps its 2030 carbon emissions target

RE:Air New Zealand scraps its 2030 carbon emissions targetthese ESG targets are all temporary feel good proclaimation that all likely get withdrawn as it approach their make up target date.

Similar theme at the Paris Olympic

Athlethes blasts Paris 2024 Olympic village conditions


We haven’t had this amount of complaints about a village in Olympics history'

The cardboard beds in the Olympic village have come in for heavy criticism, with a number of athletes complaining about how uncomfortable the recyclable beds are, while the food being served has also proved unpopular.

‘It’s the cardboard beds, which can’t give you optimal sleep. It’s the no air conditioning, which is going to play a bigger factor as the week goes.


Australia, Britain, Germany, Italy, Japan, America and China had all installed their own air conditioning before the Games began


I know chinese team had also brought in and install their own mattress before the game

Olympic Village ditches woke approach after huge outcry
Olympic Games organizers have wilted to pressure from athletes and ordered more than 700kg of eggs and a tonne of extra meat to replace fake meat meals and non-dairy options. Athletes and teams have been left far from impressed by the food on offer as the Olympic village, just one of a number complaints including a lack of air conditioning, uncomfortable cardboard beds, lengthy walks to the cafeteria and overcrowded buses which do not run on time.


I bet the migrants eat and sleep better than the olympic athletes


lifeisgood1010 wrote:


Air New Zealand scraps its 2030 carbon emissions target, saying solutions are costly and scarce


 Air New Zealand scrapped its 2030 carbon emissions reduction targets on Tuesday, citing lags in producing new planes, a lack of alternative fuel and “challenging” regulatory and policy settings.

The move by the national carrier — one of New Zealand’s biggest companies by revenue — was the highest-profile reversal yet of an airline’s commitments to a U.N. framework for corporations to stay on track to meet the Paris Agreement on emissions reductions, highlighting the hurdles facing carriers and policymakers in cutting aviation emissions.
 

“If even Air New Zealand can't do it, it kind of cements the reality that reducing emissions from aviation is an impossible task under the current technical regime,” said James Higham, a sustainable tourism expert at Griffith University in Australia.

Tuesday’s update was a sharp turnaround from a 2022 announcement by Air New Zealand in which it declared itself the second carrier in the world to have its plans validated by the U.N.’s Science Based Targets Initiative aviation framework. It pledged a 28.9% reduction in carbon emissions 2030, from a 2019 baseline, with a 16.3% drop in absolute emissions.

Air New Zealand said it was still committed to a target of net zero carbon emissions by 2050, in line with the Paris Agreement. The carrier would establish new “near-term” emissions reduction targets that would “better reflect the challenges relating to aircraft and alternative jet fuel availability,” CEO Greg Foran said in a written statement.
 



 

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