'It's kind of like the equivalent of the Marshall Plan after World War Two,' Pourbaix said.
CEO Alex Pourbaix drew a comparison between Canada's current decarbonization plan and the multi-billion dollar campaign to reconstruct Europe after the Second World War. In an interview Wednesday, Cenovus Energy Inc. The chief executive of one of Canada's major oilsands producers said he's not opposed to a federal cap on greenhouse gas emissions from the oil and gas sector, as long as the government realizes that large-scale emissions reductions will take years to achieve.