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Holtec Signs Strategic Cooperation Agreement with Utah and Hi Tech Solutions to Deploy Nuclear SMRs

LCG, May 1, 2025--Holtec International (Holtec) announced the signing on April 29 of a strategic cooperation agreement with the State of Utah and Hi Tech Solutions, a leading nuclear services provider based in Kennewick, Washington, to collaborate in the deployment of Holtec's SMR-300s (small modular reactor) in Utah and the broader Mountain West region. Hi Tech will play a leading role in the project development and workforce training to support the rise of new nuclear power generation in the region.

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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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Industry News

Bush Administration Seeking Concrete, Voluntary Emissions Reductions

LCG, Jan. 20, 2002--Bush administration representatives are making requests of large industrial companies that they outline and undertake steps to reduce greenhouse gas emissions from their operations, and put their promises to do so in writing.

The administration, which has been reluctant to expand regulation of industrial emissions because of what it sees as harmful economic effects, says it would like to bring the rate of greenhouse emissions per unit of gross domestic product down by 18 percent by 2012. Senior officials plan to announce the results of their current efforts on Feb. 6.

A policy analyst covering corporate environmental policies at the Washington, DC-based World Resources Institute, Elizabeth Cook, told the New York Times that voluntary reductions by industry have had little overall impact in the past decade in heading off global warming. Voluntary reductions by high-profile companies are becoming more prevalent and significant however, most notably with the announcement of the Chicago Climate Exchange, which will allow members to buy and sell greenhouse emission allowances while capping future emissions for members as a whole.

With some states enacting their own curbs on emissions, and targets for renewable energy as a percentage of overall electric power production, some companies feel that national legislation is inevitable. The administration's push to have specific targets by various types of industries, including power production, resource extraction, and manufacturing, will be "an ongoing thing from here," according to a White House official speaking to the Times.

Although executives at some companies who have been approached believe that voluntary reductions may delay regulations which they would not like to see enacted, others are unhappy with the seriousness of the administration's request, and are not sure whether it is in fact voluntary, due to the possibility that if they were to refuse, new regulations might then be signed into law.
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