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Title 40 Part 1033 → Subpart H → §1033.722

Title 40 → Chapter I → Subchapter U → Part 1033 → Subpart H → §1033.722

Electronic Code of Federal Regulations e-CFR

Title 40 Part 1033 → Subpart H → §1033.722

e-CFR data is current as of December 5, 2019

Title 40Chapter ISubchapter UPart 1033Subpart H → §1033.722


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


§1033.722   Transferring emission credits.

(a) Credit transfer is the conveying of control over credits, either:

(1) From a certifying manufacturer/remanufacturer to an owner/operator.

(2) From an owner/operator to a certifying manufacturer/remanufacturer.

(b) Transferred credits can be:

(1) Used by a certifying manufacturer/remanufacturer in averaging.

(2) Transferred again within the model year.

(3) Reserved for later banking. Transferred credits may not be traded unless they have been previously banked.

(c) Owners/operators participating in credit transfers must submit the reports specified in §1033.730.


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