The members of Canadian Oil Sands Innovation Alliance (COSIA), an industry group representing 13 large oil sand companies, expect to halve the amount of fresh water in oil production, to 0.2 barrels of water per barrel of crude, by 2022. Reuters points out that at the same time the companies also want to increase their oil production output from about 2 million barrels per day to 3.2 million barrels per day.
Steve Williams, Chief Executive of Suncor Energy Inc, said that his company alone has spent nearly $1.8 billion to reduce toxic tailings, according to Reuters. Speaking about attempts by protester groups to block several pipelines projects, Williams said that the oil sands industry is unlikely to win over many of its opponents. He claimed that the protesters represent only a small segment of the Canada’s population, primarily concerned with climate change.