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Friday, July 10, 2026

US Nuclear Regulator Seeks Simpler Environmental Reviews To Boost Nuclear Expansion

 by Evgenia Filimianova via The Epoch Times,

The U.S. Nuclear Regulatory Commission (NRC) on July 8 proposed narrowing environmental reviews for new and renewed nuclear reactor licenses, a move the agency said would reduce costs, as the Trump administration pushes to expand nuclear energy.

The proposal would change how the NRC implements the National Environmental Policy Act (NEPA), limiting reviews to environmental effects that fall within the agency's legal authority.

The NRC described the proposal as the "most comprehensive update to its environmental review regulations in decades," adding that it would remove outdated requirements and make the licensing process more efficient.

NRC Chairman Ho Nieh said the proposal, which is open for public comment until Aug. 21, would better align the agency's environmental reviews with what Congress intended under NEPA.

He told reporters: "For many, many, many years, NRC did much more than required by law in the National Environmental Policy Act. So this really brings us back to what NEPA demands, nothing more, nothing less."

Nieh also said, "By concentrating on impacts the NRC can address, we'll strengthen environmental protection while making licensing reviews more timely and predictable."

He said that the NRC proposes to limit areas where it does not have authority over effects on the environment, such as the construction of nuclear plants.

"Dust, noise, air impacts, non-radiological water, or non-radiological effects, all of those things are examples of where they're outside of our regulatory authority, and so we won't be doing those in the future," he said.

NRC's chief environmental review and permitting officer, Kimyata Savoy, said the proposal would save reactor developers and the agency about $135 million in licensing costs for new reactors and license renewals.

Other measures under the proposal include new categorical exclusions, an update of environmental review procedures, and greater flexibility for applicants in providing environmental information.

The proposal follows a series of actions by President Donald Trump aimed at expanding nuclear power in the United States. Trump signed four executive orders on May 23, 2025, directing the NRC to license 10 new reactors by 2030 and supporting a plan to quadruple U.S. nuclear power capacity by 2050.

One of them, executive order 14300, directed the NRC to reform its licensing process. The White House said the commission had slowed nuclear development by imposing unnecessary regulatory requirements.

U.S. Energy Information Administration data show that last year, nuclear energy accounted for about 18 percent of U.S. utility-scale electricity generation.

Series of Reforms

The July 8 proposal comes one week after the NRC announced broader changes to reactor licensing and radiation safety regulations.

The agency on July 1 proposed replacing a radiation risk model that has guided U.S. nuclear regulation for about 50 years.

The NRC said the changes would modernize regulations and make it easier to build new reactors without reducing safety standards.

The proposal drew criticism from some nuclear safety experts.

Edwin Lyman, director of nuclear power safety at the Union of Concerned Scientists, said in comments submitted to the NRC in July 2025 that there was "absolutely no technical or practical basis" for changing the agency's use of the "as low as reasonably achievable" standard.

The regulatory changes also coincide with progress in the administration's advanced reactor program.

The Department of Energy announced on July 1 that the third advanced nuclear reactor authorized under the administration's pilot program achieved criticality on June 30 at Idaho National Laboratory.

Criticality is the point at which a reactor reaches a stable chain reaction capable of producing electricity continuously.

The reactor, known as Unity and developed by Deployable Energy, met the July 4 deadline established by Trump's 2025 executive order, which required that at least three advanced reactor concepts achieve criticality outside national laboratories.

https://www.zerohedge.com/energy/us-nuclear-regulator-seeks-simpler-environmental-reviews-boost-nuclear-expansion

Faa extends flight cuts at Chicago O'Hare for another year

 

The U.S. Federal Aviation Administration announced an extension of flight limitations at Chicago O'Hare for another year to mitigate delays and congestion. The airport will adhere to a cap of 2,708 daily arrivals and departures, impacting operations for United and American Airlines to prevent last year's widespread delays.

This move aims to address ongoing congestion at the major hub, which is heavily utilized by United Airlines and American Airlines.

Initially imposed in April, the limitations restrict O'Hare to 2,708 flights each day from May 17 through October 24. The goal is to maintain near last year's operational levels, thereby avoiding the excessive delays experienced previously.

The decision forces the two major carriers to adjust their schedules, affecting future plans. By keeping flights capped, the FAA hopes to ensure smoother operations and better facilitate passenger flow at the bustling airport.

https://www.devdiscourse.com/article/business/3948690-faa-extends-flight-limits-at-chicago-ohare-to-combat-congestion

'US sanctions Ir'anian businessman over links to Mojtaba Khamenei, IRGC

 

The US Treasury on Friday sanctioned Iranian tycoon Ali Ansari, citing his links to Supreme Leader Mojtaba Khamenei and the Revolutionary Guards, as part of a broader action targeting Iran’s financial networks.

The Office of Foreign Assets Control added Ansari, seven other individuals and five companies to its sanctions blacklist. The entities include several Iranian exchange houses and companies based in Dubai, Hong Kong and Saint Kitts and Nevis.

The six designated entities include Lavasani and Partners General Partnership Company and Mohammad Darbani and Partners Exchange General Partnership Company in Tehran, and Mohsen Khandan and Partners General Partnership Company, also known as Khandan Exchange, in Shiraz. The other three are CDM Trading Limited in Hong Kong, Naba Alzaki Raw Materials Trading LLC in Dubai and Smart Global Limited in Saint Kitts and Nevis.

OFAC also designated Smart Global Limited, a Saint Kitts-based holding company linked to Ansari, while issuing General License Y to permit the wind-down of transactions involving the firm.

Ansari, who holds Iranian, Cypriot and Saint Kitts and Nevis citizenship, was designated under counterterrorism and Iran-related sanctions authorities.

The other seven sanctioned individuals were listed in Iran and linked by OFAC to the three exchange companies.

https://www.iranintl.com/en/liveblog/202607049017

US said to send team to Beirut to help implement ceasefire

 Washington sent a military delegation to Beirut to help implement the ceasefire between Israel and the Lebanese militant group Hezbollah, the Financial Times reported on Friday, citing several Lebanese officials.

The United States Central Command (CENTCOM) team is reportedly set to arrive in Lebanon ahead of the negotiations between Israel and Lebanon next week in Rome. It will allegedly help the Israeli military "progressively redeploy out of Lebanon."

Israeli officials have repeatedly stressed their intention to remain militarily in Lebanon, with Defense Minister Israel Katz saying that Israel "does not need approval" to remain on Lebanese territory.

https://breakingthenews.net/Article/US-said-to-send-team-to-Beirut-to-help-implement-ceasefire/66676859

SK Hynix CEO sees worst-ever memory supply shortage in 2027, demand > supply beyond 2030

 SK Hynix Chief Executive Kwak Noh-jung said the global memory industry is heading for its worst-ever supply shortage in 2027, forecasting that demand for memory will continue to exceed the company's ability to produce it well into the next decade despite aggressive capacity expansion.

"We forecast that next year will be the worst year in the industry's history from the supply perspective," Kwak told Reuters in an interview on Friday, the day the South Korean memory chipmaker began trading on the Nasdaq.

"Our customer demand continues to go up, while our capacity has limitations," he said. "We still forecast that customer demand will remain higher than our supply capacity even beyond 2030. But we are doing our best to solve the problem."

Kwak's comments follow a stellar debut for the South Korean chipmaker which has become a pivotal company in the AI supply chain by taking the lead in the development of high-bandwidth memory (HBM) used in Nvidia chipsets.

https://live.euronext.com/en/financial-news/sk-hynix-ceo-sees-worst-ever-memory-supply-shortage-2027-says-demand-outstrip-supply

Medtronic gains on coverage hopes for renal denervation (MDT)

 Medtronic (MDT) shares reached a session high on Friday amid hopes of expanded reimbursement for renal denervation, a hypertension therapy.

https://seekingalpha.com/news/4612988-medtronic-gains-coverage-hopes-renal-denervation

Warburg Pincus may buy specialty pharmacy for over $7B

Private equity company Warburg Pincus LLC is reported nearing a deal to acquire specialty pharmacy company PANTHERx Rare for more than $7 billion, the Wall Street Journal reported on Friday, citing people familiar with the matter. The pharmacy company is currently owned by a consortium of private equity investors comprising The Vistria Group, Nautic Partners, and General Atlantic.

According to the report, the private equity firm is partnering with the Emirati sovereign wealth fund Abu Dhabi Investment Authority (ADIA) to buy the Pittsburgh-based pharmacy. The report noted that "nothing is finalized," but that an agreement may be reached "soon."

https://breakingthenews.net/Article/Warburg-Pincus-may-buy-specialty-pharmacy-for-over-dollar7B/66676451