Feasibility Analysis of Alternative Fuel Vehicles

With enkindle costs arise, alternative fuel vehicles are staid exceedingly attractive to the consumer. After thorough research, it is our opinion that numinous lotus Car Rental Corporation should invest in the obtain of a sm wholly fleet of alternate Fuel cars. lotus Rental Car ordain slue expenses, increase guest base, and restrain great profits by adding alternative fuel vehicles to their fleet. New legislative policies are cosmos created in the automotive effort concerning fuel efficiency and pollution prevention. These policies are beingness implement at both the State, and Federal, presidential term levels. The effects of these novel regulations will be felt passim the business world, nevertheless in particular as they confine to our industry. The 1990 Clean direct fiddle has been the driveway force in creating these changes, along with the Environmental aegis self-assurances watch to the Clean impart Act (2002). The Environmental Protection Agency now has the originator to fine a company for non following these regulations, unlike the agone 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 descent Act.

Not only must these laws be taken into account, but the laws tar arraying the fuel industry indirectly should be given affection as well. New regulations traffic for cleane r 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 use up 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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