As Seth Grae was preparing to return home from COP27, where he attended as an American Nuclear Society delegate, he had no idea that he was about to be part of a last-minute win for nuclear energy. Grae, the founder and chief executive officer of Lightbridge Corporation (NASDAQ: LTBR), felt that the nuclear industry had exceeded expectations at the two-week conference in Sharm el-Sheikh, Egypt. The first-ever International Atomic Energy Agency pavilion dedicated solely to nuclear energy was buzzing with delegates eager to educate the public. But hours before COP27 was to end, Grae received a text—the message of which would end up reaching the conference negotiation room.

The text came from a delegate, a teenager from Sweden who spotted an issue with the preliminary draft of the final COP27 decision.

A new report from the Nuclear Innovation Alliance, U.S. Nuclear Innovation in a Global Economy: Updating an Outdated National Security Framework, argues for the repeal of the Atomic Energy Act’s restriction on foreign ownership, control, or domination of nuclear reactors—the so-called FOCD provision.