weather c
Vancouverairing now
91.5FM
|
91.5HD2
airing nowConnect FM 101.7 Edmonton
airing now
8.85 c
Edmonton
airing now|
91.5 FM
91.5 HD2
Connect FM 101.7 Edmonton
NewsEntertainmentShowsAboutCareersAdvertisers
Donation
Back to News

Suncor Energy facing criticism after announcing plans to divest its wind and solar assets to focus on hydrogen and renewable fuels instead

BY The Canadian Press, Apr 6, 2022 12:01 AM - REPORT AN ERROR

Suncor Energy is facing criticism after announcing plans to divest its wind and solar assets to focus on hydrogen and renewable fuels instead.

The move to sell eight wind power projects in Saskatchewan, Alberta and Ontario comes as a new UN report on climate change says wind and solar technologies are the two best avenues to fight climate change.

The Calgary-based energy giant, which has set a goal of achieving net-zero emissions by 2050, says selling the assets will bring more ``fit and focus'' to its portfolio.

But Greenpeace Canada says the timing of Suncor's announcement is akin to ``buying Blockbuster stock the day Netflix launches an IPO.''

Latest News

Ottawa, Quebec commit $100M for semiconductor capacity in Bromont, Que., 280 jobs

The federal and Quebec governments are spending close to $100 million to boost the country's manufacturing capacity for semiconductors, which are vital in technologies ranging from artificial intelligence to quantum computing. Pri...

Lok Sabha Elections: Arvind Kejriwal's wife will campaign for AAP

In the absence of Delhi Chief Minister Arvind Kejriwal, his wife Sunita Kejriwal is taking the reins of the electio...

Diljit Dosanjh, who arrived in Vancouver, took stock of the 'Dil Luminati Tour' preparations

Punjabi superstar Diljit Dosanjh arrived in Vancouver yesterday to kick off his 'Dil Luminati Tour' at BC Place. Th...

Liquor scam case: Arvind Kejriwal in jail reprimanded by the High Court

The High Court has reprimanded Arvind Kejriwal, imprisoned in Tihar Jail in Delhi's liquor scam. The court said tha...

Lok Sabha Elections: Voting was held in 88 seats of 13 states

Voting was held in 88 seats of 13 states and Union Territories in the second phase of Lok Sabha elections in India ...

Amritpal Singh will contest independent elections from Khadur Sahib

Punjab's Khadur Sahib Lok Sabha seat will be contested as an independent candidate by Amritpal Singh, the head of t...

Lok Sabha Elections: BSP released the second list of Lok Sabha candidates in Punjab

State President of Bahujan Samaj Party Jasvir Singh Garhi informed that under the guidelines of party supremo siste...

Excise policy case: Manish Sisodia's judicial custody extended till May 8

AAP leader Manish Sisodia, imprisoned in Tihar Jail in Delhi liquor scam case, has not got any relief. The Rose Ave...

Akali Dal preparing to support Amritpal Singh

The Shiromani Akali Dal, which is considering a candidate from Khadur Sahib Lok Sabha constituency of Punjab, has c...

Canada sanctions Iran defence minister, others after missile attack on Israel

Canada is targeting Iran's defence minister as part of a new round of sanctions imposed after the country's retalia...

Share on

Related News

Alberta government announces plan to protect consumers from power price swings

The Alberta government is proposing measures, to takeeffect in January, that aim to protect power consumers from wild pr...

Now it is difficult to earn money in Alberta

When Alberta hiked the province's minimum wage to $15 an hour in the fall of 2018, it was the highest rate in the countr...

Canadian Prime Minister Justin Trudeau is coming to Alberta once again

Canadian Prime Minister Justin Trudeau is coming to Alberta once again today. He has to make an announcement about housi...

Sign up for the newsletter

We'll deliver best of entertainment right into your inbox
We love to hear from our listeners, so feel free to send us message
whatsUp icon
Message us on whatsapp