Heavy-duty Vehicle and Engine Greenhouse Gas Emission Regulations

Version of section 34 from 2013-02-22 to 2018-11-15:


Marginal note:Credits

  •  (1) For the purposes of subparagraph 162(1)(b)(i) of the Act, a company obtains CO2 emission credits if the CO2 emissions for a fleet or subfleet, as the case may be, of heavy-duty vehicles or heavy-duty engines of a given model year are lower than the CO2 emission standard applicable to that fleet or subfleet, as the case may be, and for that model year, and the company reports the credits in its end of model year report in accordance with section 48.

  • Marginal note:Deficits

    (2) A company incurs deficits if the CO2 emissions for a fleet or subfleet, as the case may be, of heavy-duty vehicles or heavy-duty engines of a given model year are higher than the CO2 emission standard applicable to that fleet or subfleet, as the case may be, and for that model year, and the company reports the deficits in its end of model year report in accordance with section 48.

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