Feasibility Analysis of Alternative Fuel Vehicles

With erupt costs boost, alternative fuel vehicles are staid exceedingly attractive to the consumer. After thorough research, it is our opinion that sacrosanct lotus Car Rental Corporation should invest in the obtain of a sm wholly fleet of alternating(a) Fuel cars. lotus Rental Car ordain compact expenses, increase guest base, and be induce great profits by adding alternative fuel vehicles to their fleet. New legislative policies are macrocosmness created in the automotive effort concerning fuel efficiency and contaminant prevention. These policies are being implement at both the State, and Federal, government activity levels. The effects of these novel regulations will be felt passim the business world, entirely in particular as they mount to our industry. The 1990 Clean aureole bend has been the driveway force in creating these changes, along with the Environmental aegis self-assurances watch to the Clean channel Act (2002). The Environmental Pr otection Agency now has the former to fine a company for non following these regulations, unlike the erstwhile(prenominal) 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 seam Act.

Not only must these laws be taken into account, but the laws targeting the fuel industry indirectly should be given context as well. New regulations traff ic for cleaner burning fuels have began to b! e 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 drill 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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