Blue Wave or Not, a Green Wave is Sweeping the Canadian Oil Patch

In a sign of the changing environment in the oil patch, North America’s largest pipeline company Enbridge Inc. set new net-zero emissions targets Friday and outlined how the company sees the global energy transition from carbon-based energy to renewables playing out over the next few decades.  Enbridge’s target of net-zero emissions by 2050 aligns the Calgary-based pipeline and utilities giant with the country’s three largest oil producers Canadian Natural Resources Ltd., Suncor Energy Inc. and Cenovus Energy Inc., along with European oil majors Royal Dutch Shell Plc, Total SA and BP Plc. — all of whom have adopted net-zero targets. - Financial Post

“We’re going to need all sources of supply to meet demand until at least 2040 and very likely beyond,” said Enbridge president Al Monaco.