Alternative Fuel Transportation Program
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1996-03-14
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Abstract:This notice of final rulemaking concludes a regulatory action that is mandated
under the Energy Policy Act of 1992 (the Act), Pub. L. 102-486. That Act
provides for a comprehensive national energy policy for strengthening U.S.
energy security by reducing dependence on imported oil. Titles III, IV, V, and
VI of the Act contain regulatory requirements and authorities, as well as
various financial incentives aimed at displacing substantial quantities of oil
consumed by motor vehicles. This rulemaking implements statutorily-imposed
alternative fueled vehicle acquisition requirements that apply to certain
alternative fuel providers and some State government vehicle fleets. The rule
principally covers: (1) interpretations necessary for affected entities to
determine whether and to what extent the statutory requirements apply;
(2) procedures for exemptions and administrative remedies; and (3) a program of
marketable credits to reward those who voluntarily acquire vehicles in excess
of mandated requirements or before the requirements take effect, and to allow
use of such credits in order to demonstrate compliance with those requirements.
193p.
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