Suncor CEO tells committee his company is committed to being part of the climate solution

📆 2023-10-16 23:16:00
📰 iPoliticsCA

⏱ Reading Time:
50 sec. here
2 min. at publisher
📊 Quality Score:
News: 23%
Publisher: 63%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Suncor CEO Rich Kruger appeared before the House committee on natural resources, where he fielded question from MPs on comments made earlier this year about how his company has placed too much importance on the energy transition.

Suncor Energy Inc. president and CEO Rich Kruger waits to appear before the House of Commons Standing Committee on Natural Resources in Ottawa, Monday, Oct. 16, 2023. THE CANADIAN PRESS/ Patrick Doyle

Appearing before the House committee on natural resources, Suncor CEO Rich Kruger defended comments made earlier this year about how his company has focused too much on the energy transition. In August, Kruger told shareholders he believed Suncor had put a “disproportionate emphasis on the longer-term energy transition,” adding that lowering emissions will not make the company money. What followed was intense backlash from the environmental community and an invitation from the committee to appear as a witness and clarify his comments.

While Kruger didn’t back away from his remarks, he said they were meant to illustrate how Suncor must be in a solid position before it starts prioritizing emissions reduction. He reiterated Suncor’s commitment to achieving net-zero emissions from operations by 2050 and said he thought his comments had been misinterpreted by several committee members who wrongly believed the energy giant did not care about fighting climate change.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

Skriv Kommentar

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Five things to watch for in the Canadian business world in the coming weekTORONTO — Five things to watch for in the Canadian business world in the coming week: Suncor Suncor Energy CEO Rich Kruger is slated to appear before the Natural Resources parliamentary committee Monday.
Källa: SooToday - 🏆 8. / 85 Läs mer »

Five things to watch for in the Canadian business world in the coming weekTORONTO — Five things to watch for in the Canadian business world in the coming week: Suncor Suncor Energy CEO Rich Kruger is slated to appear before the...
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »