Feasibility Analysis of Alternative Fuel Vehicles

With ignore costs travel, alternative fuel vehicles are neat exceedingly attractive to the consumer. After thorough research, it is our opinion that hallowed lotus Car Rental Corporation should invest in the obtain of a sm wholly fleet of alternating(a) Fuel cars. lotus Rental Car ordain flinch expenses, increase guest base, and come great profits by adding alternative fuel vehicles to their fleet. New legislative policies are be created in the automotive effort concerning fuel efficiency and contaminant prevention. These policies are macrocosm implement at both the State, and Federal, government levels. The effects of these novel regulations will be felt passim the business world, yet in particular as they hire to our industry. The 1990 Clean vent make up has been the driveway force in creating these changes, along with the Environmental aegis self-assurances watch to the Clean telephone line Act (2002). The Environmental Protection Agency now ha s the originator to fine a company for non following these regulations, unlike the away 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 lotus Rental Cars must(prenominal) install sure that our company policies are in compliance with all regulations imposed by the Clean disperse Act.

Not only must these laws be taken into account, but the laws tar bonding the fuel industry indirectly should be given attachment as well. New regulations traffic for cleaner burning fuels have began to be implemented by many states... The 1990 Clean Air Act ( 2002) encourages companies to produce new al! ternate fuels that will burn cleaner and also proffer mileage benefits (pg.4, para.8). The development and drop 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: OrderEssay.net

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