TRP
Does anybody know the reason for the nice pop in Transcanada today?
Does anybody know the reason for the nice pop in Transcanada today?
I don't know, but that sounds like some real spin there. It seems like someone who says, "finally after all these years of worrying about my execution date, they finally set it. Now I can get back to being happy again."(2) removing the distraction of KXL; and (3) with KXL out of the picture, we see the potential for an attractive move to monetize the Liquids Pipelines assets, which would have numerous benefits.”
I agree there will be plenty of ICE vehicles still remaining on the roads in 20 years. If they are still selling them in 2030 (and they will be), it will take another 10-15 years to retire them off the roads. That is really not the point since demand for both gasoline and diesel will be in permanent decline for decades.I think the demise of internal combustion engines is overstated. Will there still be gas engines in 20 years.....yes, I think they will still be produced. Gas engines are also getting more efficient which I think will prolong their use.
I think the biggest factor with EVs, is the lack of charging infrastructure across the country. Americans in particular love the “road trip” and often have family much farther away than your typical Canadian family. We also seem to have huge difficulties getting large-scale infrastructure projects off the ground in North America.