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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

China's Three Gorges Dam Awaits Investment

LCG, March 12, 2002-China's 279 foot (185 m) hydroelectric dam project will be launched by the end of this year, pending investment. The Three Gorges dam will span the Yangtze River.

The huge project involves creating a 232 square mile (600 square km) reservoir, subsequently wiping out whole cities. Over one million people are being resettled to other parts of China, including Tibet. Proponents say the main function of the dam is to prevent deadly floods and to generate 18,200 MW of electricity.

The project still awaits over $400 million in investment from those inside China, although more international offerings are to be extended to Hong Kong and possibly London investors. Laws are already being established as to where power will go and what choices local companies will have over where to get power, although some scientists still question the engineering viability of such a large dam.

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