A group of oil sands companies has set its first environmental performance target by limiting the use of fresh water in oil production, but goals for cutting greenhouse gas emissions have proven much more complicated.
courtesy: CBC & Jeff McIntosh, Canadian Press
Members of the Canadian Oil Sands Innovation Alliance — an organization through which 13 oil sands players aim to make the industry greener have agreed to halve the amount of fresh water used to produce a barrel of crude from steam-driven projects to 0.2 barrels by 2022.
It’s COSIA’s first target involving specific numbers and deadlines since its inception in early 2012.
COSIA provides legal frameworks that enable oil sands companies to share their intellectual property for environmentally friendly technologies without stifling competition.
(Source: Prince George Citizen/CP)
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