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GAO-09-592R 1 (2009-04-15)

handle is hein.gao/gaobadwxi0001 and id is 1 raw text is: im T I M Accountability * Integrity * Reliability United States Government Accountability Office Washington, DC 20548 B-318053 April 15, 2009 The Honorable John D. Rockefeller IV Chairman The Honorable Kay Bailey Hutchison Ranking Minority Member Committee on Commerce, Science, and Transportation United States Senate The Honorable Henry A. Waxman Chairman The Honorable Joe Barton Ranking Minority Member Committee on Energy and Commerce House of Representatives Subject: Department of Transportation, National Highway Traffic Safety Administration: Average Fuel Economy Standards Passenger Cars and Light Trucks Model Year 2011 Pursuant to section 801(a)(2)(A) of title 5, United States Code, this is our report on a major rule promulgated by Department of Transportation (DOT), National Highway Traffic Safety Administration, entitled Average Fuel Economy Standards Passenger Cars and Light Trucks Model Year 2011 (RIN: 2127-AK29). We received the rule on April 3, 2009. It was published in the Federal Register as a final rule on March 30, 2009. 74 Fed. Reg. 14,196. The final rule sets the final fuel economy standards for Model Year 2011 passenger cars and light trucks. Under the final rule, if each manufacturer produced its expected mix of automobiles and just met its obligations under the optimized standards, the combined industry-wide average fuel economy for MY 2011 passenger cars would be 30.2 mpg and for MY 2011 light trucks it would be 24.1 mpg. The final rule creates an alternative minimum standard for domestic passenger cars of 27.8 mpg. The final rule also adopts a new regulation on credits earned for exceeding applicable CAFE standards. Credit holders will have accounts with NHTSA, and will be able to hold credits, apply them to compliance with CAFE standards, transfer them to another compliance category for application to compliance there, or trade them. GAO-09-592R

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