Learn About The Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Code of Federal Regulations Title 40. Protection of Environment § 40.1090.715 Deficit carryforward
Current as of January 02, 2025 | Updated by Findlaw Staff
(a) A gasoline manufacturer incurs a compliance deficit if they exceed the average standard specified in subpart C of this part for a given compliance period. The deficit incurred must be determined as specified in paragraph (a)(1) of this section for sulfur and paragraph (a)(2) of this section for benzene.
(1) The sulfur deficit incurred is determined as follows:
Where:
DS,y = Sulfur deficit incurred for compliance period y, in ppm-gallons.
CSVy = Compliance sulfur value for compliance period y, per § 1090.700(a)(1), in ppm-gallons.
Vi = The volume of gasoline produced or imported in batch i, in gallons.
n = The number of batches of gasoline produced or imported during the compliance period.
i = Individual batch of gasoline produced or imported during the compliance period.
(2) The benzene deficit incurred is determined as follows:
Where:
DBz,y = Benzene deficit incurred for compliance period y, in benzene gallons.
CBVy = Compliance benzene value for compliance period y, per § 1090.700(b)(1)(i), in ppm-gallons.
Vi = The volume of gasoline produced or imported in batch i, in gallons.
n = The number of batches of gasoline produced or imported during the compliance period.
i = Individual batch of gasoline produced or imported during the compliance period.
(b) A gasoline manufacturer must use all sulfur or benzene credits previously generated or obtained at any of their facilities to achieve compliance with an average standard specified in subpart C of this part before carrying forward a sulfur or benzene deficit at any of their facilities.
(c) A gasoline manufacturer that incurs a deficit under this section must satisfy that deficit and demonstrate compliance with the annual average standards during the next compliance period regardless of whether the gasoline manufacturer produces gasoline during next compliance period.
Cite this article: FindLaw.com - Code of Federal Regulations Title 40. Protection of Environment § 40.1090.715 Deficit carryforward - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-40-protection-of-environment/cfr-sect-40-1090-715/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
Was this helpful?
Latest Blog Posts
-
Executive Order Strips Protections From More Career Federal Workers
-
Alleging a Culture of Racism, Bigotry, and Misogyny, Karen Read Sues Police for Negligence and Conspiracy
-
How Host Cities Are Changing Alcohol, Surveillance, and ID Laws for the World Cup 2026
-
Massachusetts Attorney General Sues UHC for $100 Million, Alleges Medicaid Fraud
-
Explore all
