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EPA and Texas Railroad Commission Sign Memorandum of Agreement for Permitting Geologic Storage of Carbon Dioxide

LCG, April 29, 2025--Officials from the U.S. Environmental Protection Agency (EPA) and Texas Railroad Commission (RRC) signed a memorandum of agreement (MOA) today outlining the state’s plans to administer programs related to carbon storage wells, known as Class VI wells. The MOA signing is a required step in the RRC’s application to be granted authority to permit Class VI wells in the state of Texas. EPA is currently preparing a proposed approval of RRC’s primacy application.

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Calpine and ExxonMobil Sign CO2 Transportation and Storage Agreement for CCS Project in Texas

LCG, April 24, 2025--Exxon Mobil Corporation (ExxonMobil) announced yesterday an agreement with Calpine Corporation (Calpine) to transport and permanently store up to 2 million metric tons per annum (MTA) of CO2 from Calpine’s Baytown Energy Center, a natural gas-fired facility located near Houston, Texas. This is part of Calpine’s Baytown Carbon Capture and Storage (CCS) Project that is designed to add CCS for the facility’s CO2 emissions. The Calpine facility could then provide a 24/7 supply of low-carbon electricity to the Texas grid plus steam to nearby industrial facilities.

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Industry News

Taiwan Lawmakers, Cabinet to Mediate Nuclear Impasse

LCG, Feb. 2, 2001Taiwan's Nationalist Party-dominated legislature and the Democrat Progressive government agreed this morning to mediate the conflict over whether to complete construction of the island's fourth nuclear power plant.

The controversy over the plant has dominated Taiwanese political life for months and has stifled financial markets and business in general.

This morning, Premier Chang Chun-hsiung and Wang Jin-pyng, speaker of parliament, said they had agreed to settle the dispute by putting it to a parliamentary referendum. "The Executive Yuan and the Legislative Yuan have reached consensus and hope to resolve the fourth nuclear power plant row at an early date," Wang told reporters.

The dispute came to a head last month after Taiwan's high court ruled that the Democrat Progressive cabinet had acted improperly in canceling the nuclear plant without concurrence of the legislature. On Wednesday, parliament voted against the cabinet decision.

This morning, Chang said he "understood and attached importance" to parliament's vote. "We hope to use the referendum bill on public policies to resolve the matter," said the premier, backing down on earlier insistence that the cabinet alone could cancel the reactor.

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