Thursday, December 25, 2014

Senate Votes To Remove Credit Cap For Natural Gas Dual-fueled Vehicles

A provision in the National Defense Authorization Act of Fiscal Year 2015 that removes the cap has been approved by the Senate.
Current law allows automakers to earn credits for compliance with the Corporate Average Fuel Economy program by producing alternative fuel dual-fueled vehicles, but these credits are subject to a cap. Today automakers earn the majority of their allowed credits by producing E85 Flex-Fuel vehicles, leaving none left for natural gas vehicles. The NDAA provision modifies the program by removing the credit cap for natural gas dual-fueled vehicles.

No comments:

Post a Comment