Washington, DC (PRWEB) July 13, 2005 -
Â In a necessary move to resolve the nuclear waste storage crisis, the Nuclear Regulatory Commission and Congress have taken dramatic steps towards above-ground storage. A company called TWI (Tox-Wastech, Inc.) petitioned over 580 political officials to make sure it happened. In response to the urgent calls for new technology, including from Homeland Security, TWI, in a joint effort with the NRC and Environmental Protection Agency, has provided the solution to permanent containment and entombment of all hazardous waste including nuclear.
After 27 years of research and development and a Congressional request in 1986 to design a hazardous waste management system, TWI (Tox-Wastech, Inc.) has emerged with a cleanup plan that is safe for all air, land and water. By using a revolutionary new Âsuper-compositeÂ invented by its founder, Richard Driggett, the company will permanently ÂentombÂ this waste above-ground and on-site avoiding the need for transporting it, arguably the most dangerous stage in the hazardous waste process.
On June 4, 2005, the House voted to order the Energy Department to establish and promote the above ground storage areas, and an NRC panel of judges recently recommended approving a private license for above ground storage in Utah setting a precedent for above ground storage. Anyone in the waste disposal or commercial construction industry and operators of reactor sites will be aggressively looking for the technology to contain this waste that is compliant with all federal and Homeland Security regulations. Inventor and CEO, Richard Driggett says, ÂNot only are we the environmental clean-up solution, but TWI is the answer to Homeland SecurityÂs responsibility to protect our nation against terrorist attacks.Â
Chairman of the House Energy and Water Development Committee, Representative David L. Hobson, said, ÂIt is time to rethink our approach to dealing with spent fuel. If we want to build a new generation of nuclear reactors in this country, we need to demonstrate to Wall Street that the federal government will live up to its responsibilities under the Nuclear Waste Policy Act (NWPA) to take title to commercial spent nuclear fuel.Â
In the Senate, Pete Domenici, the New Mexico Republican and Chairman of the Energy Committee, advocates the concept; ÂInterim storage is a key component Â Â
Many reactor companies have sued the Energy Dept for failure to accept their waste on time, and courts have ruled the Department must pay storage costs beyond the date when it was supposed to accept the fuel. Under the NWPA, that was 8 years ago. Conservative estimates place the
damages at $5 billion, but realistically, it could be well over $50 billion. ÂThe DOE recognizes that the only way to mitigate its damages is to find someplace to put this material, to get it off the utilitiesÂ hands so it can get out of these lawsuits.Â, said Joe Egan, Attorney for the State of Nevada.
TWI (Tox-Wastech, Inc.), along with its recent push in Congress, also has now finalized the design and planning stage of its complete waste management facility system, called a MED SITE, which stands for Modular Engineered Design (SITE) systems. Through various testing of the patented products, it has been proven to be terrorist attack and explosion proof. Reportedly 11 times stronger and 5 times lighter than steel, when permanent entombment containers are placed in concrete-reinforced buildings of the same material, it could be virtually indestructible. Able to resist all acids and corrosive substances, and with no known break-down time, the MED SITES could be quietly sitting there, safely holding the most dangerous stuff in existence for thousands of years, while generating substantial revenue.
According to reliable sources and research, it would only cost the taxpayers a one-time fee of 10Â¢ per person. Considering the sheer mass of hazardous waste generated in the U.S., about 258 million tons annually, the company promises to give back to the local community and clean up the environment once they are in place. It is expected that each MED SITE facility will boost a local economy by several thousand employment opportunities. Likewise, having the polluter industry pay for community and environmental cleanup from its tipping fees, is a plan that is both fiscally and socially responsible. Congress also wants to privatize the Superfund, and TWIÂs proposed plan is efficient, cost effective and complies with all federal regulations.
TWI intends to expand its environmental clean up effort to over 300 sites in the U.S. and over 900 globally within 10 years.
TWI (Tox-Wastech, Inc.) is headquartered in Las Vegas and is actively seeking partners in its cause of cleaning up all hazardous waste worldwide.