02/26/2013 02:53 EST | Updated 04/28/2013 05:12 EDT

Brad Wall: Carbon Capture Storage Centre Funding Should Stop


REGINA - An organization in Saskatchewan that developed what was hailed as the first guidelines for safe carbon capture and storage is on the verge of shutting down.

Premier Brad Wall says the International Performance Assessment Centre for Geologic Storage of CO2 did some great work on setting standards.

But Wall says the work has been completed and he doesn't think there's a need to continue.

The Regina-based centre was created in 2008 when the province and Royal Dutch Shell each put up $5 million over a five-year period.

The funding ends in March, although Wall says there might be some wind up money from the province.

However, the premier says work will continue on carbon capture and storage, which involves gathering CO2 from power plants and refineries and injecting it deep into a porous rock.

The goal is to prevent the gas from entering the atmosphere and contributing to climate change.

Jurisdictions such as Saskatchewan that rely heavily on coal-fired power plants need carbon capture and storage to work. The province plans to reduce 2006 levels of greenhouse gases by 20 per cent by 2020.

But the technology has been panned as unproven and critics say not enough is known about the consequences.

Also on HuffPost

Photo gallery 14 Top Climate Villains -- Greenpeace See Gallery