
News
August 09, 2011
EPA and NHTSA Include Credit Trading Provisions in First-Ever GHG and Fuel Consumption Standards Established for 2014-2018 Model Year Medium- and Heavy-Duty Vehicles and Engines.
On August 9, 2011, EPA and NHTSA issued the first-ever GHG and fuel consumption standards for heavy-duty trucks. The new program sets fuel efficiency and greenhouse gas emission standards for three categories of medium- and heavy-duty trucks (big rigs, heavy-duty pickup trucks and vans, and vocation vehicles). Depending on vehicles type, the new rules will require trucks to be 10 to 20 percent more fuel efficient by the 2018 model year. As finalized, the primary flexibility provisions are an engine averaging, banking, and trading (ABT) program and a vehicle ABT program. These ABT programs will allow for emission and fuel consumption credits to be averaged, banked, or traded within defined averaging sets. For a copy of the final rule, click here
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