An overview of CAFE credits and incorporation of the benefits of on-board carbon capture.
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2014-05-01
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Abstract:This report discusses the application of Corporate Average Fuel Economy (CAFE) ; credits that are currently available to vehicle manufacturers in the U.S., and the implications of ; on-board carbon capture and sequestration (“on-board CCS”) on future passenger-vehicle ; CAFE ratings. The first part of the report describes the underlying fuel economy tests and ; available options for vehicle manufacturers to earn credits for exceeding the fleet fuel economy ; standard or for vehicle technologies that reduce greenhouse gas emissions. ; The benefits of on-board CCS, discussed in the second part of the report, appear likely ; to be captured during the standard 2-cycle test administered for CAFE compliance purposes. A ; simple calculation to correct the final fuel economy value used for CAFE compliance is needed ; (to reflect the resultant benefits of reduced CO2 emissions), although this specific correction is ; not yet reflected in the current regulations. ; The benefits in terms of reduced emissions and overall credits appear to be substantially ; larger with on-board CCS than with the other optional credits available in the CAFE credit ; program for gasoline-powered vehicles. For example, the on-board CCS benefits at 20% ; capture would be several times the maximum credits available in the next highest credit ; category.
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Main Document Checksum:urn:sha256:ed3173a31a10af52de51d190aefe4b711c5097546060c109405fc73e28d9882d