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EPA Proposes Rule Changes to Coal Combustion Residuals (CCR) Requirements to Restore American Energy Dominance

LCG, April 10, 2026--The U.S. Environmental Protection Agency (EPA) announced yesterday a rule proposing several revisions to the federal regulations governing the disposal of coal combustion residuals (CCR) and the beneficial use of CCR. The EPA designed the rule to encourage resource recovery, allow for site-specific considerations in permitting, and provide regulatory relief while continuing to protect human health and the environment. The EPA will be accepting comments on the rule for 60 days after publication in the Federal Register, and it will also hold an online public hearing on the rule.

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Vault 44.01 Receives EPA Class VI Permit Approval for CCS Project in Indiana

LCG, April 9, 2026--Vault 44.01 Ltd. (Vault) announced today that the U.S. Environmental Protection Agency (EPA) Region 5 has issued a final Underground Injection Control (UIC) Class VI permit for the One Carbon Partnership CCS project (the "OCP Project") near Union City, Indiana. The One Carbon Partnership is a joint venture between Cardinal Ethanol and Vault.

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Industry News

Enron India Lenders to Meet in London

LCG, April 19, 2001Enron Corp. said this morning that its Enron India subsidiary has scheduled an April 23 meeting in London with financial institutions that lent money for the construction of the Dabhol power plant in India's state of Maharashtra.

The meeting is planned to bring Dabhol's lenders up to date on ongoing differences with Maharashtra and the state's government owned utility, but could foreshadow international arbitration in the dispute. Earlier this month, Enron issued a notice of "force majeure" which is the first step in taking the matters to arbitration.

Maharashtra agreed with Enron in 1995 on construction of a 740 megawatt "first phase" of Dabhol and to a 1,450 megawatt second phase to be built on the heels of the first, with the state to purchase the entire output. The state's utility, the Maharashtra State Electricity Board, has defaulted regularly on payments to Dabhol for power from the first phase and now says it has no interest in the second phase, which is nearly complete.

Enron has twice invoked India's federal guarantee to secure payment of monthly electric bills and is now owed about $48 million for power delivered in January. Lenders have extended about $1.2 billion for construction of the second phase, which is expected to begin operation later this year.

Lenders likely to attend next Monday's meeting in London include the Indian institutions Industrial Development Bank of India, Industrial Finance Corporation of India , Canara Bank, State Bank of India and ICICI Ltd., an investment bank.

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