Environmental groups sue Suncor for Colorado refinery pollution
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 06 2024
0mins
Should l Buy ?
Source: Reuters
Lawsuit Filed Against Suncor Energy: Environmental groups, including Earthjustice, GreenLatinos, the Sierra Club, and 350 Colorado, have filed a lawsuit against Suncor Energy for alleged violations of the Clean Air Act at its Commerce City refinery, citing over 9,000 documented instances of pollution and exceeding federal limits on toxic emissions.
Impact on Local Communities: The lawsuit highlights concerns about long-lasting harm to surrounding communities due to air quality issues, with Suncor's refinery being the only oil facility in Colorado, which has faced multiple problems, including a significant fine from the state for air pollution violations.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
