Kendall Dilling

Canada’s oil and gas industry says the costly technology it plans to use to reduce its climate footprint requires more investments from the federal government. If governments lend a hand now, the industry maintains the technology will become more affordable over time as more projects proceed, but a new analysis casts doubt on that claim.

Cenovus Energy Inc. chief executive Alex Pourbaix will step down from his CEO role later this year to devote more time to his evolving role as an outspoken champion of Canada's oilsands industry and its decarbonization ambitions.

Oilsands executives insist they are all in on cutting emissions and will make big investments in green technology, but they maintain there isn't a place to invest that money yet.

Oilsands companies and their advocates are doing their level best to stall Canada's climate plans, writes columnist Max Fawcett. Ottawa needs to hold them accountable.