Potential Coverage of Alternative Fuel Industries Under EPACT Section 501
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1996-01-01
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TRIS Online Accession Number:00725666
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NTL Classification:NTL-HIGHWAY/ROAD TRANSPORTATION-HIGHWAY/ROAD TRANSPORTATION;NTL-ENERGY AND ENVIRONMENT-ENERGY AND ENVIRONMENT;NTL-ENERGY AND ENVIRONMENT-Alternative Fuels;NTL-LAWS AND REGULATIONS-Federal Laws;
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Abstract:The Energy Policy Act (EPACT) has a goal of replacing ten percent of
transportation petroleum fuel with alternative fuels and replacement fuels by
the year 2000, and 30 percent by 2010. Sections 501 and 507 of EPACT encourage
and mandate use of alternative fueled vehicles (AFVs) in fleet applications.
In particular, Section 501 mandates that certain percentages of new light-duty
vehicles (LDVs) acquired by alternative fuel providers be AFVs. The first step
in estimating the effects of these mandates entails identifying affected of
Section 501. This assessment concludes that a limited number of companies in
the methanol, ethanol, propane, and hydrogen industries are likely to be
covered by this mandate. On the other hand, many of the large crude oil
producers, petroleum refiners, natural gas producers and transporters, and
natural gas and electric utilities are likely to be subject to this mandate.
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