';


Title 40 Part 1033 → Subpart H → §1033.715

Title 40 → Chapter I → Subchapter U → Part 1033 → Subpart H → §1033.715

Electronic Code of Federal Regulations e-CFR

Title 40 Part 1033 → Subpart H → §1033.715

e-CFR data is current as of December 11, 2019

Title 40Chapter ISubchapter UPart 1033Subpart H → §1033.715


Title 40: Protection of Environment
PART 1033—CONTROL OF EMISSIONS FROM LOCOMOTIVES
Subpart H—Averaging, Banking, and Trading for Certification


§1033.715   Banking emission credits.

(a) Banking is the retention of emission credits by the manufacturer/remanufacturer generating the emission credits (or owner/operator, in the case of transferred credits) for use in future model years for averaging, trading, or transferring. You may use banked emission credits only as allowed by §1033.740.

(b) You may designate any emission credits you plan to bank in the reports you submit under §1033.730 as reserved credits. During the model year and before the due date for the final report, you may designate your reserved emission credits for averaging, trading, or transferring.

(c) Reserved credits become actual emission credits when you submit your final report. However, we may revoke these emission credits if we are unable to verify them after reviewing your reports or auditing your records.

[75 FR 22987, Apr. 30, 2010]


© e-CFR 2019

FR | USC | CFR | eCFR