65766 Federal Register / Vol. 66, No. 245 / Thursday, December 20, 2001 / Notices

TABLE 2.—SUMMARY OF RADIOLOGICAL ENVIRONMENTAL IMPACTS OF THE EPU AT QCNPS—Continued

Impacts Impacts of the EPU at QCNPS

Fuel Cycle and Transportation Impacts ................................................... No significant increase. Impacts would remain with the conclusions of

Table S–3 and S–4 of 10 CFR Part 51.

Environmental Impacts of the

Alternatives to the Proposed Action

As an alternative to the proposed

action, the staff considered denial of the

proposed action (i.e., ‘‘the no-action’’

alternative). Denial of the application

would result in no change in current

environmental impacts in the QCNPS

vicinity; however, other generating

facilities using nuclear or other

alternative energy sources, such as coal

or gas, would be built in order to supply

generating capacity and power needs.

Construction and operation of a coal

plant would create impacts to air

quality, land use and waste

management. Construction and

operation of a gas plant would also

impact air quality and land use.

Implementation of the EPU would have

less of an impact on the environment

than the construction and operation of

a new generating facility and does not

involve new environmental impacts that

are significantly different from those

presented in the FES. Therefore, the

staff concludes that increasing QCNPS

capacity is an acceptable option for

increasing power supply. Furthermore,

unlike fossil fuel plants, QCNPS does

not routinely emit sulfur dioxide,

nitrogen oxides, carbon dioxide, or

other atmospheric pollutants that

contribute to greenhouse gases or acid

rain.

Alternative Use of Resources

This action does not involve the use

of any different resources than those

previously considered in the QCNPS

FES, dated 1972.

Agencies and Persons Consulted

In accordance with its stated policy,

on November 9, 2001, prior to issuance

of this environmental assessment, the

staff consulted with the Illinois State

official, Frank Niziolek, of the Illinois

Department of Nuclear Safety, regarding

the environmental impact of the

proposed action. The State official had

no comments.

Finding of No Significant Impact

On the basis of the environmental

assessment, the NRC concludes that the

proposed action will not have a

significant effect on the quality of the

human environment. Accordingly, the

NRC has determined not to prepare an

environmental impact statement for the

proposed action.

For further details with respect to the

proposed action, see the licensee’s

application dated December 27, 2000, as

supplemented by letters dated February

12, March 20, April 6 and 13, May 3, 18,

and 29, June 5, 7, and 15, July 6 and 23,

August 7, 8, 9, 13 (two letters), 14 (two

letters), 29, and 31 (two letters),

September 5, 19, 25, and 27 (two

letters), October 17, November 2 (two

letters), 16, and 30, and December 10,

2001. Documents may be examined and/

or copied for a fee, at the NRC’s Public

Document Room, at One White Flint

North, 11555 Rockville Pike (first floor),

Rockville, Maryland. Publicly available

records will be accessible electronically

from the ADAMS Public Library

component on the NRC Web site, http:/

/www.nrc.gov (the Electronic Reading

Room). If you do not have access to

ADAMS or if there are problems in

accessing the documents located in

ADAMS, contact the NRC Public

Document Room (PDR) Reference staff

at 1–800–397–4209, or 301–415–4737,

or by e-mail at pdr@nrc.gov.

Dated at Rockville, Maryland, this 17th day

of December 2001.

For the Nuclear Regulatory Commission

Anthony J. Mendiola,

Chief, Section 2, Project Directorate III,

Division of Licensing Project Management,

Office of Nuclear Reactor Regulation.

[FR Doc. 01–31331 Filed 12–19–01; 8:45 am]

BILLING CODE 7950–01–P

NUCLEAR REGULATORY

COMMISSION

Advisory Committee on Reactor

Safeguards Subcommittee Meeting on

Thermal-Hydraulic Phenomena; Notice

of Meeting

The ACRS Subcommittee on ThermalHydraulic Phenomena will hold a

meeting on January 16–18, 2002, Room

T–2B3, 11545 Rockville Pike, Rockville,

Maryland.

Portions of the meeting may be closed

to public attendance to discuss GE

Nuclear Energy and Framatome ANP

Richland proprietary information per 5

U.S.C. 552b(c)(4).

The agenda for the subject meeting

shall be as follows:

Wednesday, January 16, 2002—1 p.m.

until the conclusion of business

Thursday and Friday, January 17–18,

2002—8:30 a.m. until the conclusion of

business

The Subcommittee will begin review

of: (1) The GE Nuclear Energy Licensing

Topical Report NEDC–33004P,

‘‘Constant Pressure Power Uprate’’,

Revision 2, and (2) the Framatome ANP

Richland S–RELAP5 realistic thermalhydraulic code version and its

application to large-break LOCA

analyses. The purpose of this meeting is

to gather information, analyze relevant

issues and facts, and formulate

proposed positions and actions, as

appropriate, for deliberation by the full

Committee.

Oral statements may be presented by

members of the public with the

concurrence of the Subcommittee

Chairman. Written statements will be

accepted and made available to the

Committee. Electronic recordings will

be permitted only during those portions

of the meeting that are open to the

public, and questions may be asked only

by members of the Subcommittee, its

consultants, and staff. Persons desiring

to make oral statements should notify

the cognizant ACRS staff engineer

named below five days prior to the

meeting, if possible, so that appropriate

arrangements can be made.

During the initial portion of the

meeting, the Subcommittee, along with

any of its consultants who may be

present, may exchange preliminary

views regarding matters to be

considered during the balance of the

meeting.

The Subcommittee will then hear

presentations by and hold discussions

with representatives of GE Nuclear

Energy, Framatome ANP Richland, the

NRC staff, and other interested persons

regarding this review.

Further information regarding topics

to be discussed, the scheduling of

sessions open to the public, whether the

meeting has been canceled or

rescheduled, and the Chairman’s ruling

on requests for the opportunity to

present oral statements and the time

allotted therefor, can be obtained by

contacting the cognizant ACRS staff

engineer, Mr. Paul A. Boehnert

(telephone 301–415–8065) between 7:30

a.m. and 5:00 p.m. (EST). Persons

planning to attend this meeting are

Federal Register / Vol. 66, No. 245 / Thursday, December 20, 2001 / Notices 65767

1 15 U.S.C. 78s(b)(1).

2The Commission has modified the text of the

summaries prepared by EMCC.

3Pursuant to a separate plan for the integration

of EMCC with DTCC, it is contemplated that EMCC

will become an operating subsidiary of DTCC at the

same time that GSCC and MBSCC become operating

subsidiaries of DTCC. However, the transaction

involving GSCC and MBSCC is not contingent on

the transaction involving EMCC and vice versa.

Securities Exchange Act Release No. 44987 (Oct. 25,

2001), 66 FR 55218 (Nov. 1, 2001). NSCC and DTC

are currently wholly-owned subsidiaries of DTCC.

4Because of the current functional integration of

operations of GSCC and MBSCC, the integration of

GSCC with DTCC is contingent upon the successful

integration of MBSCC with DTCC and vice versa.

Securities Exchange Act Release Nos. 44989 (Oct.

25, 2001), 66 FR 55220 (Nov. 1, 2001) and 44988

(Oct. 25, 2001), 66 FR 55222 (Nov. 1, 2001).

5After the completion of the integration, EMCC,

MBSCC, and GSCC shall each be subsidiaries of

DTCC, and a single group of individuals shall serve

as directors of each of the Synergy Companies.

Following the integration, EMCC will continue to

exist as a separate registered clearing agency.

EMCC’s retained earnings existing at the time of (or

as of the end of the last full calendar month

preceding) the integration of EMCC with DTCC will,

as a matter of DTCC policy, be dedicated to

supporting the business of EMCC. EMCC will be

managed and operated so as to be appropriately

capitalized for its activities as a clearing agency.

6Similarly, the integration plan attempts to

insulate GSSC and MBSCC from the risks of

EMCC’s business. Securities Exchange Act Release

Nos. 45155 (Dec. 14, 2001) (SR–GSCC–2001–14);

45153 (Dec. 14, 2001) (SR–MBSCC–2001–04). See

also Securities Exchange Act Release Nos. 42013

(Oct. 15, 1999), 64 FR 57168 (Oct. 22, 1999) (SR–

DTC–99–11) and 42014 (Oct. 15, 1999), 64 FR

57171 (Oct. 22, 1999) (SR–NSCC–99–07) (DTC an

NSCC have adopted rules similar to this proposed

rule as part of their 1999 integration with DTCC.)

urged to contact the above named

individual one or two working days

prior to the meeting to be advised of any

potential changes to the agenda, etc.,

that may have occurred.

Dated: December 14, 2001.

Sher Bahadur,

Associate Director for Technical Support.

[FR Doc. 01–31329 Filed 12–19–01; 8:45 am]

BILLING CODE 7590–01–P

U.S. COMMISSION ON OCEAN POLICY

Public Meeting

AGENCY: U.S. Commission on Ocean

Policy.

ACTION: Notice.

SUMMARY: The U.S. Commission on

Ocean Policy will hold its first regional

meeting, the Commission’s third public

meeting, to hear and discuss issues of

concern to the Southeastern Region of

the United States, covering the coastal

area from Delaware to Georgia.

DATES: Meetings will be held Tuesday

and Wednesday, January 15 and 16,

2002 from 9 a.m. to 5 p.m., both days.

ADDRESSES: The meeting location is the

Physician’s Auditorium, College of

Charleston, 66 George Street,

Charleston, SC, 29424.

FOR FURTHER INFORMATION CONTACT: Mr.

Terry Schaff, U.S. Commission on

Ocean Policy, 1120 20th Street, NW,

Washington, DC, 20036, 202–418–3442,

tschaff@nsf.gov.

SUPPLEMENTARY INFORMATION: This

meeting is being held pursuant to

requirements under the Oceans Act of

2000 (Public Law 106–256, section

3(e)(1)(E)). The agenda will include

presentations by invited speakers

representing local and regional

government agencies and nongovernmental organizations, comments

from the public and any required

administrative discussions and

executive sessions. Invited speakers and

members of the public are requested to

submit their statements for the record

electronically by January 10, 2002 to the

meeting Point of Contact. Additional

meeting information, including a draft

agenda, will be posted as available on

the Commission’s web site at http://

www.oceancommission.gov.

Dated: December 14, 2001.

Admiral James D. Watkins USN (ret.)

Chairman, U.S. Commission on Ocean Policy.

[FR Doc. 01–31325 Filed 12–19–01; 8:45 am]

BILLING CODE 6820–WM–P

SECURITIES AND EXCHANGE

COMMISSION

[Release No. 34–45154; File No. SR–EMCC–

2001–04]

Self-Regulatory Organizations;

Emerging Markets Clearing

Corporation; Notice of Filing of

Proposed Rule Change Relating to

Liability of Affiliated Entities

December 14, 2001.

Pursuant to section 19(b)(1) of the

Securities Exchange Act of 1934,1 notice

is hereby given that on October 29,

2001, the Emerging Markets Clearing

Corporation (‘‘EMCC’’) filed with the

Securities and Exchange Commission

(‘‘Commission’’) the proposed rule

change as described in Items I, II, and

III below, which Items have been

prepared by EMCC. The Commission is

publishing this notice to solicit

comments on the proposed rule change

from interested persons.

I. Self-Regulatory Organization’s

Statement of the Terms of Substance of

the Proposed Rule Change

EMCC proposes to amend its rules in

order to limit its liability with respect to

affiliated entities. Specifically, EMCC

proposes to add a section to its rules

that states that, except as otherwise

provided by written agreement between

EMCC and such other entity, (1) EMCC

shall not be liable for any obligations of

such other entity and its clearing fund

and other assets shall not be available to

such other entity and (2) such other

entity shall not be liable for any

obligations of EMCC and any assets of

such other entity shall not be available

to EMCC.

II. Self-Regulatory Organization’s

Statement of the Purpose of, and

Statutory Basis for, the Proposed Rule

Change

In its filing with the Commission,

EMCC included statements concerning

the purpose of and basis for the

proposed rule change and discussed any

comments it received on the proposed

rule change. The text of the statements

may be examined at the places specified

in Item IV below. EMCC has prepared

summaries, set forth in sections A, B,

and C below, of the most significant

aspects of such statements.2

A. Self-Regulatory Organization’s

Statement of the Purpose of, and

Statutory Basis for, the Proposed Rule

Change

The proposed rule change addresses

liability issues that may arise after the

completion of the integration of EMCC,3

the Government Securities Clearing

Corporation (‘‘GSCC’’), and the MBS

Clearing Corporation (‘‘MBSCC’’) 4 with

The Depository Trust and Clearing

Corporation (‘‘DTCC’’). For purposes of

this notice, DTCC, GSCC, MBSCC,

EMCC, The Depository Trust Company

(‘‘DTC’’), and National Securities

Clearing Corporation (‘‘NSCC’’) are

collectively referred to as the ‘‘Synergy

Companies.’’ 5

An important aspect of the integration

plan is to insulate EMCC, its members,

and its clearing fund from the risks and

obligations that may arise from the

activities of the other Synergy

Companies.6 The proposed rule change

will specifically add a new EMCC Rule

9 Section 1 rules that states that EMCC

will not be liable for the obligations of

any other entity or member of any other

entity and that such other entity or

member of such other entity shall not be

liable for any obligations of EMCC.

EMCC believes that the proposed rule

change is consistent with the