Al Monaco spoke with BNN Bloomberg's Tara Weber ahead of his Jan. 1 retirement from the president and chief executive officer position. Current Enbridge board chair Greg Ebel is set to replace him in the top job.
That has been balanced with what Monaco calls “conventional energy” like oil. He predicted the global energy transition may take some time as companies like Enbridge diversify their assets.Pipelines and other energy infrastructure have been a “point of attack” as opposition to fossil fuels has grown, Monaco acknowledged, saying the company has had to focus its messaging to the public in response.
“It’s sort of the meat in the sandwich and it’s very critical, so if you want to attack conventional energy that’s the place to start, and I think it’s been effective if you want to look at it from an opposition point of view,” he said.