Feasibility Analysis of Alternative Fuel Vehicles

With conflagrate costs uprising, alternative fuel vehicles are fitting exceedingly attractive to the consumer. After thorough research, it is our opinion that saintly lotus Car Rental Corporation should invest in the obtain of a sm wholly fleet of alternative Fuel cars. lotus Rental Car ordain lessen expenses, increase guest base, and buzz off great profits by adding alternative fuel vehicles to their fleet. New legislative policies are organism created in the automotive effort concerning fuel efficiency and befoulment prevention. These policies are world implement at both the State, and Federal, governing levels. The effects of these novel regulations will be felt throughout the business world, notwithstanding in particular as they hold back to our industry. The 1990 Clean shine present has been the driveway force in creating these changes, along with the Environmental aegis self-assurances watch to the Clean furrow Act (2002). The Environmental P rotection Agency now has the indicant to fine a company for non following these regulations, unlike the past(a) where court action was required. (pg.2, para.2). With greater judicial powers, the chances of significant fines being levied by the Environmental Protection Agency has greatly increased, and genus Lotus Rental Cars must(prenominal) install sure that our company policies are in compliance with all regulations imposed by the Clean commit Act.

Not only must these laws be taken into account, but the laws targeting the fuel industry indirectly should be given contemplation as well. New regulations tra ffic for cleaner burning fuels have began to! be implemented by many states... The 1990 Clean Air Act (2002) encourages companies to produce new alternate fuels that will burn cleaner and also proffer mileage benefits (pg.4, para.8). The development and hold of these new fuels is a add factor in the rising cost of fuel in general. The Clean Air Act does bring up issues that must be dealt... If you want to get a full essay, rules of order it on our website: OrderCustomPaper.com

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