14
Economic Benefits of Tier 3 from Mobile Source Emissions Control Industry Perspective ATTENDEES: Dr. Rasto Brezny David Bushnell Kevin Hallstrom Dr. Timothy Johnson Dr. Hal Singer Friday, February 22, 2013 ECTA: 325 7 th Street, NW, Suite 600 Washington, DC 20004 Website: www.ectausa.com Email: [email protected] Tel: 202-661-4155 Contact: Tim Regan MECA: 2020 N 14th St, Suite 220 Arlington, VA 22201 Website: www.meca.org Email: [email protected] Tel: 202-296-4797 ext. 106 Contact: Rasto Brezny

Economic Benefits of Tier 3 from Mobile Source Emissions ...€¦ · – U.S. economic activity associated with emission control technology on new cars and trucks estimated at $12B

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Page 1: Economic Benefits of Tier 3 from Mobile Source Emissions ...€¦ · – U.S. economic activity associated with emission control technology on new cars and trucks estimated at $12B

Economic Benefits of Tier 3 from Mobile Source Emissions Control Industry Perspective

ATTENDEES Dr Rasto Brezny David Bushnell Kevin Hallstrom Dr Timothy Johnson Dr Hal Singer

Friday February 22 2013

ECTA 325 7th Street NW Suite 600 Washington DC 20004 Website wwwectausacom Email regantjcorningcom Tel 202-661-4155 Contact Tim Regan

MECA 2020 N 14th St Suite 220 Arlington VA 22201 Website wwwmecaorg Email rbreznymecaorg Tel 202-296-4797 ext 106 Contact Rasto Brezny

Message amp Agenda

bull Message ndash Tier 3 will drive economic growth and job creation in the emissions control

technology industry through the virtuous technologyinvestment cycle and global regulatory cycle

ndash Regulatory review must be completed by early March to capture economicjob creation benefits in MY17 or benefits otherwise lost for a year

bull Agenda ndash Products ndash Industry structure ndash Virtuous technologyinvestment cycle ndash Global regulatory cycle ndash Industry economic contribution

bull Navigant economic study of implications of Tier 3

2Friday February 22 2013

Mobile Source Emission Control Industryrsquos Contribution to Clean Air

Los Angeles CA Today

Los Angeles CA 1970 bull Mobile emissions control products

have prevented

tons of hydrocarbons

tons of nitrogen oxides

tons of carbon monoxide

hellipfrom entering the air we breathe

3Friday February 22 2013

Mobile Source Emissions Control Products

Three Way Catalyst

bull Diesel Oxidation Catalysts bull Diesel Particulate Filters bull Exhaust Gas Recirculation (EGR) bull Selective Catalytic Reduction (SCR) bull Lean NOx Catalysts bull Engine Crankcase Filter System bull Three-Way Catalysts bull Catalytic Convertors bull Sensor Technology bull Evaporative ECT bull Engine Air Induction System ECT

Diesel Particulate Filter

4Friday February 22 2013

Mobile Source Emission Control Industry Value Chain

bullKaolin bullAlumina bullSilica bullPlatinum

RAW MATERIALS

bullDPF bullDOC bullSCR bullTWC

bullWashcoats bullApplication of precious metals

bullSystem assembly of

bullOEM bullRepair

SUBSTRATES COATING CATALYSTS CANNING

SYSTEMS INTEGRATION

INSTALLATION

R amp D

ELECTRONIC AND OTHER

COMPONENTS

bullPalladium bullMatting components bullRetrofit bullRhodium bullMetal bullCeria bullSensors bullZirconia bullElectronic bullZeolite controls bullAlkaline bullBurners earth bullUrea delivery materials

5Friday February 22 2013

Companies in the Mobile Source Emissions Control Industry Substrate Manufacturers bullCorning Incorporated bullEmitec bullIbiden bullNGK Automotive Ceramics USA

Canning bull3M Company bullBenteler Automotive bullBosal International North America bullDonaldson bullEberspaecher bullFaurecia Exhaust Systems bullTenneco bullUnifrax Corporation bullVisteon

Coating Catalyst bullBASF bullHaldor Topsoe bullJohnson Matthey bullSud-Chemie bullUmicore Autocat USA bullRhodia

Electronic and Other Components bullBosch (sensors and urea) bullContinental Automotive Systems bullDelphi bullDenso (sensors and urea) bullHoneywell bullNGK Sparkplug bullPierburg (burners) bullSensata bullStoneridge bullWatlow (burners)

6Friday February 22 2013

Mobile Source Emissions Control Industry Locations

Source MECA membership

7Friday February 22 2013

Regulations Drive Emissions Control Industry Technology Cycle

Regulation Development

2009 2010 2014 2016 2025

Technology Adoption of Tier 3 Assuming MY17 Implementation

Use Production Early General Obsolescence amp

Replacement Engineering amp Manufacturing

Research amp Development

IN-USE REGULATION

8Friday February 22 2013

Regulations Drive Emissions Industry Investment In

vest

men

t

Tier 3 and LEVIII LEVIII

only

Tier 2

Year

9Friday February 22 2013

US Initiatives Becomes Worldwide Phenomenon

10Friday February 22 2013

Tightening Regulations Bring Opportunity

11Friday February 22 2013

Another Wave Approaching

12Friday February 22 2013

Economic Benefits Generated by Mobile-Source Emissions Control Industry bull Mobile source emissions control industry generates significant

economic activity ndash US economic activity associated with emission control technology on new

cars and trucks estimated at $12B in 2010 ndash Global light-duty vehicle emission control economic activity estimated at

$36-43B in 2010

bull Mobile source emissions control industry creates jobs ndash Industry sustains approximately 65000 jobs in the US ndash High-level of skill required ndash Industry compensation is greater than the national average

Source MECA press release dated March 11 2011 at httpwwwmecaorggalleriesdefault-fileMECA20economic20benefits20press20release20031111pdf

13Friday February 22 2013

Conclusion

bull Emissions control industry has contributed significantly to the reduction of harmful emissions globally over the last four decades

bull The industry has driven substantial technology development economic growth job creation and exports

bull Tier 3 promises to build on previous EPA regulation to drive the virtuous cycle of technology development and investment by the emissions control industry

bull Tier 3 also promises to build on previous EPA regulation to drive a wave of global regulation that results in US exports by the emissions control industry

bull Delay in the review of Tier 3 beyond early March will lose the promise of technology development economic growth job creation and export growth by the emissions control industry for a year

14Friday February 22 2013

Page 2: Economic Benefits of Tier 3 from Mobile Source Emissions ...€¦ · – U.S. economic activity associated with emission control technology on new cars and trucks estimated at $12B

Message amp Agenda

bull Message ndash Tier 3 will drive economic growth and job creation in the emissions control

technology industry through the virtuous technologyinvestment cycle and global regulatory cycle

ndash Regulatory review must be completed by early March to capture economicjob creation benefits in MY17 or benefits otherwise lost for a year

bull Agenda ndash Products ndash Industry structure ndash Virtuous technologyinvestment cycle ndash Global regulatory cycle ndash Industry economic contribution

bull Navigant economic study of implications of Tier 3

2Friday February 22 2013

Mobile Source Emission Control Industryrsquos Contribution to Clean Air

Los Angeles CA Today

Los Angeles CA 1970 bull Mobile emissions control products

have prevented

tons of hydrocarbons

tons of nitrogen oxides

tons of carbon monoxide

hellipfrom entering the air we breathe

3Friday February 22 2013

Mobile Source Emissions Control Products

Three Way Catalyst

bull Diesel Oxidation Catalysts bull Diesel Particulate Filters bull Exhaust Gas Recirculation (EGR) bull Selective Catalytic Reduction (SCR) bull Lean NOx Catalysts bull Engine Crankcase Filter System bull Three-Way Catalysts bull Catalytic Convertors bull Sensor Technology bull Evaporative ECT bull Engine Air Induction System ECT

Diesel Particulate Filter

4Friday February 22 2013

Mobile Source Emission Control Industry Value Chain

bullKaolin bullAlumina bullSilica bullPlatinum

RAW MATERIALS

bullDPF bullDOC bullSCR bullTWC

bullWashcoats bullApplication of precious metals

bullSystem assembly of

bullOEM bullRepair

SUBSTRATES COATING CATALYSTS CANNING

SYSTEMS INTEGRATION

INSTALLATION

R amp D

ELECTRONIC AND OTHER

COMPONENTS

bullPalladium bullMatting components bullRetrofit bullRhodium bullMetal bullCeria bullSensors bullZirconia bullElectronic bullZeolite controls bullAlkaline bullBurners earth bullUrea delivery materials

5Friday February 22 2013

Companies in the Mobile Source Emissions Control Industry Substrate Manufacturers bullCorning Incorporated bullEmitec bullIbiden bullNGK Automotive Ceramics USA

Canning bull3M Company bullBenteler Automotive bullBosal International North America bullDonaldson bullEberspaecher bullFaurecia Exhaust Systems bullTenneco bullUnifrax Corporation bullVisteon

Coating Catalyst bullBASF bullHaldor Topsoe bullJohnson Matthey bullSud-Chemie bullUmicore Autocat USA bullRhodia

Electronic and Other Components bullBosch (sensors and urea) bullContinental Automotive Systems bullDelphi bullDenso (sensors and urea) bullHoneywell bullNGK Sparkplug bullPierburg (burners) bullSensata bullStoneridge bullWatlow (burners)

6Friday February 22 2013

Mobile Source Emissions Control Industry Locations

Source MECA membership

7Friday February 22 2013

Regulations Drive Emissions Control Industry Technology Cycle

Regulation Development

2009 2010 2014 2016 2025

Technology Adoption of Tier 3 Assuming MY17 Implementation

Use Production Early General Obsolescence amp

Replacement Engineering amp Manufacturing

Research amp Development

IN-USE REGULATION

8Friday February 22 2013

Regulations Drive Emissions Industry Investment In

vest

men

t

Tier 3 and LEVIII LEVIII

only

Tier 2

Year

9Friday February 22 2013

US Initiatives Becomes Worldwide Phenomenon

10Friday February 22 2013

Tightening Regulations Bring Opportunity

11Friday February 22 2013

Another Wave Approaching

12Friday February 22 2013

Economic Benefits Generated by Mobile-Source Emissions Control Industry bull Mobile source emissions control industry generates significant

economic activity ndash US economic activity associated with emission control technology on new

cars and trucks estimated at $12B in 2010 ndash Global light-duty vehicle emission control economic activity estimated at

$36-43B in 2010

bull Mobile source emissions control industry creates jobs ndash Industry sustains approximately 65000 jobs in the US ndash High-level of skill required ndash Industry compensation is greater than the national average

Source MECA press release dated March 11 2011 at httpwwwmecaorggalleriesdefault-fileMECA20economic20benefits20press20release20031111pdf

13Friday February 22 2013

Conclusion

bull Emissions control industry has contributed significantly to the reduction of harmful emissions globally over the last four decades

bull The industry has driven substantial technology development economic growth job creation and exports

bull Tier 3 promises to build on previous EPA regulation to drive the virtuous cycle of technology development and investment by the emissions control industry

bull Tier 3 also promises to build on previous EPA regulation to drive a wave of global regulation that results in US exports by the emissions control industry

bull Delay in the review of Tier 3 beyond early March will lose the promise of technology development economic growth job creation and export growth by the emissions control industry for a year

14Friday February 22 2013

Page 3: Economic Benefits of Tier 3 from Mobile Source Emissions ...€¦ · – U.S. economic activity associated with emission control technology on new cars and trucks estimated at $12B

Mobile Source Emission Control Industryrsquos Contribution to Clean Air

Los Angeles CA Today

Los Angeles CA 1970 bull Mobile emissions control products

have prevented

tons of hydrocarbons

tons of nitrogen oxides

tons of carbon monoxide

hellipfrom entering the air we breathe

3Friday February 22 2013

Mobile Source Emissions Control Products

Three Way Catalyst

bull Diesel Oxidation Catalysts bull Diesel Particulate Filters bull Exhaust Gas Recirculation (EGR) bull Selective Catalytic Reduction (SCR) bull Lean NOx Catalysts bull Engine Crankcase Filter System bull Three-Way Catalysts bull Catalytic Convertors bull Sensor Technology bull Evaporative ECT bull Engine Air Induction System ECT

Diesel Particulate Filter

4Friday February 22 2013

Mobile Source Emission Control Industry Value Chain

bullKaolin bullAlumina bullSilica bullPlatinum

RAW MATERIALS

bullDPF bullDOC bullSCR bullTWC

bullWashcoats bullApplication of precious metals

bullSystem assembly of

bullOEM bullRepair

SUBSTRATES COATING CATALYSTS CANNING

SYSTEMS INTEGRATION

INSTALLATION

R amp D

ELECTRONIC AND OTHER

COMPONENTS

bullPalladium bullMatting components bullRetrofit bullRhodium bullMetal bullCeria bullSensors bullZirconia bullElectronic bullZeolite controls bullAlkaline bullBurners earth bullUrea delivery materials

5Friday February 22 2013

Companies in the Mobile Source Emissions Control Industry Substrate Manufacturers bullCorning Incorporated bullEmitec bullIbiden bullNGK Automotive Ceramics USA

Canning bull3M Company bullBenteler Automotive bullBosal International North America bullDonaldson bullEberspaecher bullFaurecia Exhaust Systems bullTenneco bullUnifrax Corporation bullVisteon

Coating Catalyst bullBASF bullHaldor Topsoe bullJohnson Matthey bullSud-Chemie bullUmicore Autocat USA bullRhodia

Electronic and Other Components bullBosch (sensors and urea) bullContinental Automotive Systems bullDelphi bullDenso (sensors and urea) bullHoneywell bullNGK Sparkplug bullPierburg (burners) bullSensata bullStoneridge bullWatlow (burners)

6Friday February 22 2013

Mobile Source Emissions Control Industry Locations

Source MECA membership

7Friday February 22 2013

Regulations Drive Emissions Control Industry Technology Cycle

Regulation Development

2009 2010 2014 2016 2025

Technology Adoption of Tier 3 Assuming MY17 Implementation

Use Production Early General Obsolescence amp

Replacement Engineering amp Manufacturing

Research amp Development

IN-USE REGULATION

8Friday February 22 2013

Regulations Drive Emissions Industry Investment In

vest

men

t

Tier 3 and LEVIII LEVIII

only

Tier 2

Year

9Friday February 22 2013

US Initiatives Becomes Worldwide Phenomenon

10Friday February 22 2013

Tightening Regulations Bring Opportunity

11Friday February 22 2013

Another Wave Approaching

12Friday February 22 2013

Economic Benefits Generated by Mobile-Source Emissions Control Industry bull Mobile source emissions control industry generates significant

economic activity ndash US economic activity associated with emission control technology on new

cars and trucks estimated at $12B in 2010 ndash Global light-duty vehicle emission control economic activity estimated at

$36-43B in 2010

bull Mobile source emissions control industry creates jobs ndash Industry sustains approximately 65000 jobs in the US ndash High-level of skill required ndash Industry compensation is greater than the national average

Source MECA press release dated March 11 2011 at httpwwwmecaorggalleriesdefault-fileMECA20economic20benefits20press20release20031111pdf

13Friday February 22 2013

Conclusion

bull Emissions control industry has contributed significantly to the reduction of harmful emissions globally over the last four decades

bull The industry has driven substantial technology development economic growth job creation and exports

bull Tier 3 promises to build on previous EPA regulation to drive the virtuous cycle of technology development and investment by the emissions control industry

bull Tier 3 also promises to build on previous EPA regulation to drive a wave of global regulation that results in US exports by the emissions control industry

bull Delay in the review of Tier 3 beyond early March will lose the promise of technology development economic growth job creation and export growth by the emissions control industry for a year

14Friday February 22 2013

Page 4: Economic Benefits of Tier 3 from Mobile Source Emissions ...€¦ · – U.S. economic activity associated with emission control technology on new cars and trucks estimated at $12B

Mobile Source Emissions Control Products

Three Way Catalyst

bull Diesel Oxidation Catalysts bull Diesel Particulate Filters bull Exhaust Gas Recirculation (EGR) bull Selective Catalytic Reduction (SCR) bull Lean NOx Catalysts bull Engine Crankcase Filter System bull Three-Way Catalysts bull Catalytic Convertors bull Sensor Technology bull Evaporative ECT bull Engine Air Induction System ECT

Diesel Particulate Filter

4Friday February 22 2013

Mobile Source Emission Control Industry Value Chain

bullKaolin bullAlumina bullSilica bullPlatinum

RAW MATERIALS

bullDPF bullDOC bullSCR bullTWC

bullWashcoats bullApplication of precious metals

bullSystem assembly of

bullOEM bullRepair

SUBSTRATES COATING CATALYSTS CANNING

SYSTEMS INTEGRATION

INSTALLATION

R amp D

ELECTRONIC AND OTHER

COMPONENTS

bullPalladium bullMatting components bullRetrofit bullRhodium bullMetal bullCeria bullSensors bullZirconia bullElectronic bullZeolite controls bullAlkaline bullBurners earth bullUrea delivery materials

5Friday February 22 2013

Companies in the Mobile Source Emissions Control Industry Substrate Manufacturers bullCorning Incorporated bullEmitec bullIbiden bullNGK Automotive Ceramics USA

Canning bull3M Company bullBenteler Automotive bullBosal International North America bullDonaldson bullEberspaecher bullFaurecia Exhaust Systems bullTenneco bullUnifrax Corporation bullVisteon

Coating Catalyst bullBASF bullHaldor Topsoe bullJohnson Matthey bullSud-Chemie bullUmicore Autocat USA bullRhodia

Electronic and Other Components bullBosch (sensors and urea) bullContinental Automotive Systems bullDelphi bullDenso (sensors and urea) bullHoneywell bullNGK Sparkplug bullPierburg (burners) bullSensata bullStoneridge bullWatlow (burners)

6Friday February 22 2013

Mobile Source Emissions Control Industry Locations

Source MECA membership

7Friday February 22 2013

Regulations Drive Emissions Control Industry Technology Cycle

Regulation Development

2009 2010 2014 2016 2025

Technology Adoption of Tier 3 Assuming MY17 Implementation

Use Production Early General Obsolescence amp

Replacement Engineering amp Manufacturing

Research amp Development

IN-USE REGULATION

8Friday February 22 2013

Regulations Drive Emissions Industry Investment In

vest

men

t

Tier 3 and LEVIII LEVIII

only

Tier 2

Year

9Friday February 22 2013

US Initiatives Becomes Worldwide Phenomenon

10Friday February 22 2013

Tightening Regulations Bring Opportunity

11Friday February 22 2013

Another Wave Approaching

12Friday February 22 2013

Economic Benefits Generated by Mobile-Source Emissions Control Industry bull Mobile source emissions control industry generates significant

economic activity ndash US economic activity associated with emission control technology on new

cars and trucks estimated at $12B in 2010 ndash Global light-duty vehicle emission control economic activity estimated at

$36-43B in 2010

bull Mobile source emissions control industry creates jobs ndash Industry sustains approximately 65000 jobs in the US ndash High-level of skill required ndash Industry compensation is greater than the national average

Source MECA press release dated March 11 2011 at httpwwwmecaorggalleriesdefault-fileMECA20economic20benefits20press20release20031111pdf

13Friday February 22 2013

Conclusion

bull Emissions control industry has contributed significantly to the reduction of harmful emissions globally over the last four decades

bull The industry has driven substantial technology development economic growth job creation and exports

bull Tier 3 promises to build on previous EPA regulation to drive the virtuous cycle of technology development and investment by the emissions control industry

bull Tier 3 also promises to build on previous EPA regulation to drive a wave of global regulation that results in US exports by the emissions control industry

bull Delay in the review of Tier 3 beyond early March will lose the promise of technology development economic growth job creation and export growth by the emissions control industry for a year

14Friday February 22 2013

Page 5: Economic Benefits of Tier 3 from Mobile Source Emissions ...€¦ · – U.S. economic activity associated with emission control technology on new cars and trucks estimated at $12B

Mobile Source Emission Control Industry Value Chain

bullKaolin bullAlumina bullSilica bullPlatinum

RAW MATERIALS

bullDPF bullDOC bullSCR bullTWC

bullWashcoats bullApplication of precious metals

bullSystem assembly of

bullOEM bullRepair

SUBSTRATES COATING CATALYSTS CANNING

SYSTEMS INTEGRATION

INSTALLATION

R amp D

ELECTRONIC AND OTHER

COMPONENTS

bullPalladium bullMatting components bullRetrofit bullRhodium bullMetal bullCeria bullSensors bullZirconia bullElectronic bullZeolite controls bullAlkaline bullBurners earth bullUrea delivery materials

5Friday February 22 2013

Companies in the Mobile Source Emissions Control Industry Substrate Manufacturers bullCorning Incorporated bullEmitec bullIbiden bullNGK Automotive Ceramics USA

Canning bull3M Company bullBenteler Automotive bullBosal International North America bullDonaldson bullEberspaecher bullFaurecia Exhaust Systems bullTenneco bullUnifrax Corporation bullVisteon

Coating Catalyst bullBASF bullHaldor Topsoe bullJohnson Matthey bullSud-Chemie bullUmicore Autocat USA bullRhodia

Electronic and Other Components bullBosch (sensors and urea) bullContinental Automotive Systems bullDelphi bullDenso (sensors and urea) bullHoneywell bullNGK Sparkplug bullPierburg (burners) bullSensata bullStoneridge bullWatlow (burners)

6Friday February 22 2013

Mobile Source Emissions Control Industry Locations

Source MECA membership

7Friday February 22 2013

Regulations Drive Emissions Control Industry Technology Cycle

Regulation Development

2009 2010 2014 2016 2025

Technology Adoption of Tier 3 Assuming MY17 Implementation

Use Production Early General Obsolescence amp

Replacement Engineering amp Manufacturing

Research amp Development

IN-USE REGULATION

8Friday February 22 2013

Regulations Drive Emissions Industry Investment In

vest

men

t

Tier 3 and LEVIII LEVIII

only

Tier 2

Year

9Friday February 22 2013

US Initiatives Becomes Worldwide Phenomenon

10Friday February 22 2013

Tightening Regulations Bring Opportunity

11Friday February 22 2013

Another Wave Approaching

12Friday February 22 2013

Economic Benefits Generated by Mobile-Source Emissions Control Industry bull Mobile source emissions control industry generates significant

economic activity ndash US economic activity associated with emission control technology on new

cars and trucks estimated at $12B in 2010 ndash Global light-duty vehicle emission control economic activity estimated at

$36-43B in 2010

bull Mobile source emissions control industry creates jobs ndash Industry sustains approximately 65000 jobs in the US ndash High-level of skill required ndash Industry compensation is greater than the national average

Source MECA press release dated March 11 2011 at httpwwwmecaorggalleriesdefault-fileMECA20economic20benefits20press20release20031111pdf

13Friday February 22 2013

Conclusion

bull Emissions control industry has contributed significantly to the reduction of harmful emissions globally over the last four decades

bull The industry has driven substantial technology development economic growth job creation and exports

bull Tier 3 promises to build on previous EPA regulation to drive the virtuous cycle of technology development and investment by the emissions control industry

bull Tier 3 also promises to build on previous EPA regulation to drive a wave of global regulation that results in US exports by the emissions control industry

bull Delay in the review of Tier 3 beyond early March will lose the promise of technology development economic growth job creation and export growth by the emissions control industry for a year

14Friday February 22 2013

Page 6: Economic Benefits of Tier 3 from Mobile Source Emissions ...€¦ · – U.S. economic activity associated with emission control technology on new cars and trucks estimated at $12B

Companies in the Mobile Source Emissions Control Industry Substrate Manufacturers bullCorning Incorporated bullEmitec bullIbiden bullNGK Automotive Ceramics USA

Canning bull3M Company bullBenteler Automotive bullBosal International North America bullDonaldson bullEberspaecher bullFaurecia Exhaust Systems bullTenneco bullUnifrax Corporation bullVisteon

Coating Catalyst bullBASF bullHaldor Topsoe bullJohnson Matthey bullSud-Chemie bullUmicore Autocat USA bullRhodia

Electronic and Other Components bullBosch (sensors and urea) bullContinental Automotive Systems bullDelphi bullDenso (sensors and urea) bullHoneywell bullNGK Sparkplug bullPierburg (burners) bullSensata bullStoneridge bullWatlow (burners)

6Friday February 22 2013

Mobile Source Emissions Control Industry Locations

Source MECA membership

7Friday February 22 2013

Regulations Drive Emissions Control Industry Technology Cycle

Regulation Development

2009 2010 2014 2016 2025

Technology Adoption of Tier 3 Assuming MY17 Implementation

Use Production Early General Obsolescence amp

Replacement Engineering amp Manufacturing

Research amp Development

IN-USE REGULATION

8Friday February 22 2013

Regulations Drive Emissions Industry Investment In

vest

men

t

Tier 3 and LEVIII LEVIII

only

Tier 2

Year

9Friday February 22 2013

US Initiatives Becomes Worldwide Phenomenon

10Friday February 22 2013

Tightening Regulations Bring Opportunity

11Friday February 22 2013

Another Wave Approaching

12Friday February 22 2013

Economic Benefits Generated by Mobile-Source Emissions Control Industry bull Mobile source emissions control industry generates significant

economic activity ndash US economic activity associated with emission control technology on new

cars and trucks estimated at $12B in 2010 ndash Global light-duty vehicle emission control economic activity estimated at

$36-43B in 2010

bull Mobile source emissions control industry creates jobs ndash Industry sustains approximately 65000 jobs in the US ndash High-level of skill required ndash Industry compensation is greater than the national average

Source MECA press release dated March 11 2011 at httpwwwmecaorggalleriesdefault-fileMECA20economic20benefits20press20release20031111pdf

13Friday February 22 2013

Conclusion

bull Emissions control industry has contributed significantly to the reduction of harmful emissions globally over the last four decades

bull The industry has driven substantial technology development economic growth job creation and exports

bull Tier 3 promises to build on previous EPA regulation to drive the virtuous cycle of technology development and investment by the emissions control industry

bull Tier 3 also promises to build on previous EPA regulation to drive a wave of global regulation that results in US exports by the emissions control industry

bull Delay in the review of Tier 3 beyond early March will lose the promise of technology development economic growth job creation and export growth by the emissions control industry for a year

14Friday February 22 2013

Page 7: Economic Benefits of Tier 3 from Mobile Source Emissions ...€¦ · – U.S. economic activity associated with emission control technology on new cars and trucks estimated at $12B

Mobile Source Emissions Control Industry Locations

Source MECA membership

7Friday February 22 2013

Regulations Drive Emissions Control Industry Technology Cycle

Regulation Development

2009 2010 2014 2016 2025

Technology Adoption of Tier 3 Assuming MY17 Implementation

Use Production Early General Obsolescence amp

Replacement Engineering amp Manufacturing

Research amp Development

IN-USE REGULATION

8Friday February 22 2013

Regulations Drive Emissions Industry Investment In

vest

men

t

Tier 3 and LEVIII LEVIII

only

Tier 2

Year

9Friday February 22 2013

US Initiatives Becomes Worldwide Phenomenon

10Friday February 22 2013

Tightening Regulations Bring Opportunity

11Friday February 22 2013

Another Wave Approaching

12Friday February 22 2013

Economic Benefits Generated by Mobile-Source Emissions Control Industry bull Mobile source emissions control industry generates significant

economic activity ndash US economic activity associated with emission control technology on new

cars and trucks estimated at $12B in 2010 ndash Global light-duty vehicle emission control economic activity estimated at

$36-43B in 2010

bull Mobile source emissions control industry creates jobs ndash Industry sustains approximately 65000 jobs in the US ndash High-level of skill required ndash Industry compensation is greater than the national average

Source MECA press release dated March 11 2011 at httpwwwmecaorggalleriesdefault-fileMECA20economic20benefits20press20release20031111pdf

13Friday February 22 2013

Conclusion

bull Emissions control industry has contributed significantly to the reduction of harmful emissions globally over the last four decades

bull The industry has driven substantial technology development economic growth job creation and exports

bull Tier 3 promises to build on previous EPA regulation to drive the virtuous cycle of technology development and investment by the emissions control industry

bull Tier 3 also promises to build on previous EPA regulation to drive a wave of global regulation that results in US exports by the emissions control industry

bull Delay in the review of Tier 3 beyond early March will lose the promise of technology development economic growth job creation and export growth by the emissions control industry for a year

14Friday February 22 2013

Page 8: Economic Benefits of Tier 3 from Mobile Source Emissions ...€¦ · – U.S. economic activity associated with emission control technology on new cars and trucks estimated at $12B

Regulations Drive Emissions Control Industry Technology Cycle

Regulation Development

2009 2010 2014 2016 2025

Technology Adoption of Tier 3 Assuming MY17 Implementation

Use Production Early General Obsolescence amp

Replacement Engineering amp Manufacturing

Research amp Development

IN-USE REGULATION

8Friday February 22 2013

Regulations Drive Emissions Industry Investment In

vest

men

t

Tier 3 and LEVIII LEVIII

only

Tier 2

Year

9Friday February 22 2013

US Initiatives Becomes Worldwide Phenomenon

10Friday February 22 2013

Tightening Regulations Bring Opportunity

11Friday February 22 2013

Another Wave Approaching

12Friday February 22 2013

Economic Benefits Generated by Mobile-Source Emissions Control Industry bull Mobile source emissions control industry generates significant

economic activity ndash US economic activity associated with emission control technology on new

cars and trucks estimated at $12B in 2010 ndash Global light-duty vehicle emission control economic activity estimated at

$36-43B in 2010

bull Mobile source emissions control industry creates jobs ndash Industry sustains approximately 65000 jobs in the US ndash High-level of skill required ndash Industry compensation is greater than the national average

Source MECA press release dated March 11 2011 at httpwwwmecaorggalleriesdefault-fileMECA20economic20benefits20press20release20031111pdf

13Friday February 22 2013

Conclusion

bull Emissions control industry has contributed significantly to the reduction of harmful emissions globally over the last four decades

bull The industry has driven substantial technology development economic growth job creation and exports

bull Tier 3 promises to build on previous EPA regulation to drive the virtuous cycle of technology development and investment by the emissions control industry

bull Tier 3 also promises to build on previous EPA regulation to drive a wave of global regulation that results in US exports by the emissions control industry

bull Delay in the review of Tier 3 beyond early March will lose the promise of technology development economic growth job creation and export growth by the emissions control industry for a year

14Friday February 22 2013

Page 9: Economic Benefits of Tier 3 from Mobile Source Emissions ...€¦ · – U.S. economic activity associated with emission control technology on new cars and trucks estimated at $12B

Regulations Drive Emissions Industry Investment In

vest

men

t

Tier 3 and LEVIII LEVIII

only

Tier 2

Year

9Friday February 22 2013

US Initiatives Becomes Worldwide Phenomenon

10Friday February 22 2013

Tightening Regulations Bring Opportunity

11Friday February 22 2013

Another Wave Approaching

12Friday February 22 2013

Economic Benefits Generated by Mobile-Source Emissions Control Industry bull Mobile source emissions control industry generates significant

economic activity ndash US economic activity associated with emission control technology on new

cars and trucks estimated at $12B in 2010 ndash Global light-duty vehicle emission control economic activity estimated at

$36-43B in 2010

bull Mobile source emissions control industry creates jobs ndash Industry sustains approximately 65000 jobs in the US ndash High-level of skill required ndash Industry compensation is greater than the national average

Source MECA press release dated March 11 2011 at httpwwwmecaorggalleriesdefault-fileMECA20economic20benefits20press20release20031111pdf

13Friday February 22 2013

Conclusion

bull Emissions control industry has contributed significantly to the reduction of harmful emissions globally over the last four decades

bull The industry has driven substantial technology development economic growth job creation and exports

bull Tier 3 promises to build on previous EPA regulation to drive the virtuous cycle of technology development and investment by the emissions control industry

bull Tier 3 also promises to build on previous EPA regulation to drive a wave of global regulation that results in US exports by the emissions control industry

bull Delay in the review of Tier 3 beyond early March will lose the promise of technology development economic growth job creation and export growth by the emissions control industry for a year

14Friday February 22 2013

Page 10: Economic Benefits of Tier 3 from Mobile Source Emissions ...€¦ · – U.S. economic activity associated with emission control technology on new cars and trucks estimated at $12B

US Initiatives Becomes Worldwide Phenomenon

10Friday February 22 2013

Tightening Regulations Bring Opportunity

11Friday February 22 2013

Another Wave Approaching

12Friday February 22 2013

Economic Benefits Generated by Mobile-Source Emissions Control Industry bull Mobile source emissions control industry generates significant

economic activity ndash US economic activity associated with emission control technology on new

cars and trucks estimated at $12B in 2010 ndash Global light-duty vehicle emission control economic activity estimated at

$36-43B in 2010

bull Mobile source emissions control industry creates jobs ndash Industry sustains approximately 65000 jobs in the US ndash High-level of skill required ndash Industry compensation is greater than the national average

Source MECA press release dated March 11 2011 at httpwwwmecaorggalleriesdefault-fileMECA20economic20benefits20press20release20031111pdf

13Friday February 22 2013

Conclusion

bull Emissions control industry has contributed significantly to the reduction of harmful emissions globally over the last four decades

bull The industry has driven substantial technology development economic growth job creation and exports

bull Tier 3 promises to build on previous EPA regulation to drive the virtuous cycle of technology development and investment by the emissions control industry

bull Tier 3 also promises to build on previous EPA regulation to drive a wave of global regulation that results in US exports by the emissions control industry

bull Delay in the review of Tier 3 beyond early March will lose the promise of technology development economic growth job creation and export growth by the emissions control industry for a year

14Friday February 22 2013

Page 11: Economic Benefits of Tier 3 from Mobile Source Emissions ...€¦ · – U.S. economic activity associated with emission control technology on new cars and trucks estimated at $12B

Tightening Regulations Bring Opportunity

11Friday February 22 2013

Another Wave Approaching

12Friday February 22 2013

Economic Benefits Generated by Mobile-Source Emissions Control Industry bull Mobile source emissions control industry generates significant

economic activity ndash US economic activity associated with emission control technology on new

cars and trucks estimated at $12B in 2010 ndash Global light-duty vehicle emission control economic activity estimated at

$36-43B in 2010

bull Mobile source emissions control industry creates jobs ndash Industry sustains approximately 65000 jobs in the US ndash High-level of skill required ndash Industry compensation is greater than the national average

Source MECA press release dated March 11 2011 at httpwwwmecaorggalleriesdefault-fileMECA20economic20benefits20press20release20031111pdf

13Friday February 22 2013

Conclusion

bull Emissions control industry has contributed significantly to the reduction of harmful emissions globally over the last four decades

bull The industry has driven substantial technology development economic growth job creation and exports

bull Tier 3 promises to build on previous EPA regulation to drive the virtuous cycle of technology development and investment by the emissions control industry

bull Tier 3 also promises to build on previous EPA regulation to drive a wave of global regulation that results in US exports by the emissions control industry

bull Delay in the review of Tier 3 beyond early March will lose the promise of technology development economic growth job creation and export growth by the emissions control industry for a year

14Friday February 22 2013

Page 12: Economic Benefits of Tier 3 from Mobile Source Emissions ...€¦ · – U.S. economic activity associated with emission control technology on new cars and trucks estimated at $12B

Another Wave Approaching

12Friday February 22 2013

Economic Benefits Generated by Mobile-Source Emissions Control Industry bull Mobile source emissions control industry generates significant

economic activity ndash US economic activity associated with emission control technology on new

cars and trucks estimated at $12B in 2010 ndash Global light-duty vehicle emission control economic activity estimated at

$36-43B in 2010

bull Mobile source emissions control industry creates jobs ndash Industry sustains approximately 65000 jobs in the US ndash High-level of skill required ndash Industry compensation is greater than the national average

Source MECA press release dated March 11 2011 at httpwwwmecaorggalleriesdefault-fileMECA20economic20benefits20press20release20031111pdf

13Friday February 22 2013

Conclusion

bull Emissions control industry has contributed significantly to the reduction of harmful emissions globally over the last four decades

bull The industry has driven substantial technology development economic growth job creation and exports

bull Tier 3 promises to build on previous EPA regulation to drive the virtuous cycle of technology development and investment by the emissions control industry

bull Tier 3 also promises to build on previous EPA regulation to drive a wave of global regulation that results in US exports by the emissions control industry

bull Delay in the review of Tier 3 beyond early March will lose the promise of technology development economic growth job creation and export growth by the emissions control industry for a year

14Friday February 22 2013

Page 13: Economic Benefits of Tier 3 from Mobile Source Emissions ...€¦ · – U.S. economic activity associated with emission control technology on new cars and trucks estimated at $12B

Economic Benefits Generated by Mobile-Source Emissions Control Industry bull Mobile source emissions control industry generates significant

economic activity ndash US economic activity associated with emission control technology on new

cars and trucks estimated at $12B in 2010 ndash Global light-duty vehicle emission control economic activity estimated at

$36-43B in 2010

bull Mobile source emissions control industry creates jobs ndash Industry sustains approximately 65000 jobs in the US ndash High-level of skill required ndash Industry compensation is greater than the national average

Source MECA press release dated March 11 2011 at httpwwwmecaorggalleriesdefault-fileMECA20economic20benefits20press20release20031111pdf

13Friday February 22 2013

Conclusion

bull Emissions control industry has contributed significantly to the reduction of harmful emissions globally over the last four decades

bull The industry has driven substantial technology development economic growth job creation and exports

bull Tier 3 promises to build on previous EPA regulation to drive the virtuous cycle of technology development and investment by the emissions control industry

bull Tier 3 also promises to build on previous EPA regulation to drive a wave of global regulation that results in US exports by the emissions control industry

bull Delay in the review of Tier 3 beyond early March will lose the promise of technology development economic growth job creation and export growth by the emissions control industry for a year

14Friday February 22 2013

Page 14: Economic Benefits of Tier 3 from Mobile Source Emissions ...€¦ · – U.S. economic activity associated with emission control technology on new cars and trucks estimated at $12B

Conclusion

bull Emissions control industry has contributed significantly to the reduction of harmful emissions globally over the last four decades

bull The industry has driven substantial technology development economic growth job creation and exports

bull Tier 3 promises to build on previous EPA regulation to drive the virtuous cycle of technology development and investment by the emissions control industry

bull Tier 3 also promises to build on previous EPA regulation to drive a wave of global regulation that results in US exports by the emissions control industry

bull Delay in the review of Tier 3 beyond early March will lose the promise of technology development economic growth job creation and export growth by the emissions control industry for a year

14Friday February 22 2013