Fuel Economy Harmonization Act
This bill revises requirements for calculating Corporate Average Fuel Economy (CAFE) credits earned by a passenger automobile manufacturer for exceeding minimal required CAFE standards in a particular model year. Beginning in model year 2016 through model year 2021, a manufacturer may apply any credits earned after model year 2009 to subsequent model years.
The bill revises fuel economy credit transferring program requirements allowing a manufacturer of a fleet that exceeds CAFE standards to transfer the earned credits and to apply them within that fleet to a compliance category of automobiles that fails to achieve prescribed CAFE standards. The maximum increases in any compliance category attributable to transferred credits are:
The bill requires the Environmental Protection Agency to modify its calculation of average fuel economy for model years 2012 through 2025 at the request of a manufacturer for its passenger and nonpassenger automobiles.