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Bullboard - Stock Discussion Forum 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... see more

TSX:SU - Post Discussion

Suncor Energy Inc > Trudope carbon tax is like a strawberry dip in p…oop
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Post by Marty47 on Mar 21, 2024 5:13pm

Trudope carbon tax is like a strawberry dip in p…oop

Did you ever taste those strawberries dip in chocolate and put in your fridge , they look nice and really tasty , the carbon tax of the Trudy's is a bit the same but it look good but taste sh.. and in April it look even tastier but taste even worst as they are dipped in more poooooo.....p lol
Comment by Experienced on Mar 21, 2024 7:52pm
Theoretically the carbon tax is a good idea in the sense that it changes the relative price of oil products (Econ 101) The problems are... 1.... there are no real or practical substitutes  2... the tax is a regressive tax - having a greater effect on poor  3....the rebate is political and accomplishes nothing except possibly political but that was good for the first year only 4 ...more  
Comment by mrbb on Mar 21, 2024 8:09pm
there are 3 purpose of the carbon tax 1. to hurt the oil sector 2. to accelerate to EV adoption and electrification grid tied society (heat pump, electric stove, etc) 3. to re-distribute wealth to buy vote It is sold as penalty for polluters and cheque for some but fact showed no GHG reduction seen, exempted the more polluting oil heating,  buy vote and more jobs for bureacrats which their ...more  
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