...Adding Alternative Fuel Vehicles to Lotus Rental Car In an effort to bring down the gasoline cost for his fleet, Lotus Car's Chief Financial Officer is looking at the possibility of adding alternative fuel vehicles to its fleet. To make a sound decision, she decided to hire a consultant firm that would review and determine if implementing the addition of alternative vehicles would benefit the company. By performing thorough research, the consultants will first perform a comparison between gas vehicles and alternative fuel vehicles. The consultant will then determine the advantages and disadvantages of adding alternative vehicles to Lotus Rental Car Company. Before the decision is made to add alternative-fuel vehicles to the Lotus fleet, we need to determine if AFVs truly are a feasible option. We must first acquire an understanding of alternative-fuel vehicles. As discovered in our research, there are currently a wide variety of alternative-fuel vehicles being used today. Alternative-fuel vehicles can operate on fuels other than gasoline or diesel. They come in a variety of forms, from commuter cars to large 18-wheelers. Using alternative fuels helps reduce our nation's dependence on imported oil and improves air quality. The Energy Policy Act of 1992 (EPAct) defines alternative fuels as electricity, ethanol, natural gas, propane, methanol, hydrogen, and biodiesel (U.S. Department of Energy, What is the Energy Policy Act of 1992, para. 2). Gas prices all over the world have...
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...The motorist contributes to the revenue of South African (SA) by paying the following fees and taxes, annual motor licence fees, CO2 emission tax, the fuel levy (fuel tax) and toll fees when using various roads in the country. Revenue from fines are also payable when motorists are guilty of contravening the National Traffic Regulations e.g. exceeding the legal speed limit on public or national roads and carrying loads exceeding the legal carrying capacity of a vehicle. Revenue from motor vehicle licence fees A Motor vehicle licence fee is payable annually. The cost is determined by the category of the vehicle. This ranges from motorcycles to heavy passenger and goods vehicles. The category of a vehicle is based on the number of axles, and their load carry capacity. The National Road Traffic Act (NRTA) defines the category of vehicle, (Ministry of Transport, 1996). Funds generated from licence fees form a direct revenue stream to the National Treasury. This contributes to the gross annual income of the country. According to the Road Traffic Monitoring Corporation (RTMC), as of December 2010, there are 9 829 400 registered vehicles on the South Africa roads. This increase by 2,52 per cent from December 2009, with significant contributions of increase in the motorcar and bus categories and a notably decrease in the number of motorcycles. The highest per cent of motor vehicles are in Gauteng and Western Cape Province respectively. Attached are the data table and graph illustrating...
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...Chapter 9 Ethanol Policy and Ethanol Politics David S. Bullock28 The United States is currently passing through one of the most exciting and controversial periods of its energy history. With the US military caught up in armed conflict in the Middle East, and with global warming looming in the minds of many expert scientists as the world’s greatest environmental challenge, a common belief is that it is more important than ever that the US develop sensible and far-sighted energy policy. Politicians’ claims aside, the politics of energy policy are rarely about what is best “for the country.” When government sets energy policy, some people gain, and others may lose. The politics of energy policy, then, are not simply, or even generally, about how to make the nation as a whole better off. Rather, the politics of energy policy are very much about interested political groups struggling against one another. This type of “special interest” politics is nothing new, and not unique to energy policy. Nevertheless, it is widely held among average Americans that the political activities of special interest politics are often bad for the nation as a whole. Because public information is a democracy’s best weapon against harmful special-interest politics, in this chapter we hope to accomplish three goals: 1) to present an outline of the “nuts and bolts” of U.S. ethanol policy; 2) to use economic analysis to examine the effects of ethanol policy, presenting arguments to cut through much of the...
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...which environmental protection can get achieved (Growing Significance of Renewable Energy (Presentation), 2007). The threat emerges from the continuous usage of fossil fuels such as petrol and diesel that produce large amounts of emissions. Factories, households, transportation and offices continue to depend on fossil fuels as their primary source of energy for heating, lighting and other uses. The practice carries on despite the fact that they individual have the knowledge of the effects of the emissions that come from the fossil fuels. On the contrary, Craddock (2008) points out that individual choose to ignore the campaigns carried out by environmental safeguard activists across the world. As a result, the mitigation processes have had a slow but progressive response in the adoption of clean energy by various institutions across the globe. One of the focuses of the source of clean energy is solar power. The adoption of source of energy would significantly decrease the levels of global warming and ultimately, the termination of unpredictable climatic patterns (Craddock, 2008). The research paper will focus on the assessment of fossil energy versus solar energy in order to come up with comprehensive findings from which a conclusion can be drawn to make the world a better place for all living beings. The research shall look into the sources and forms of fossils fuels to investigate the reasons for the...
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...European Act 1986................................................... 2.2 Benefits and costs............................................................... 3. EU Policies................................................................................... 3.1 The free trade policy............................................................. 3.2 Global Market........................................................................ 3.2.1 NAFTA & MERCOSAR................................................. 3.2.2 APEC........................................................................... 3.2.3 EU Vs Global Markets................................................. 4. Corporate Social Responsibility....................................................... 4.1 CSR and BP- Olympics in London; 2012..................................... 4.2 BP vs. the Consumer.................................................................. 4.3 Russian takeover with sex parties............................................. 5. Environmental policies.................................................................... 5.1 Kyoto protocol and the EU........................................................ 5.2 The EU and the environment.................................................... 5.3 BP and the environment............................................................ 5.3.1 Breath of fresh air......................................................... 5.3.2 Ten tips to save more fuel...........
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...which realize that we can’t keep using the sources we have in the ways that we are. We have to consider other resources to energy consumption than non renewable resources. Asia faces the problem that they hold 60 percent of the world’s population.( ) Asia is on the forefront of becoming a more industrialized country which will need more energy consumption and more strain on the resources in which are being used. As the current trends of using; coal, gas, wood or oil as their main source of energy. The resources are going to become scares. Alternate forms of power need to be addressed such as ethanol. It has been reported that the Chinese first started to use natural gas around 200 B.C to produce salt from salt water in evaporators.(DOE, 2007) The production of natural gas is expected to rise 17 percent between 2005 – 2010 with an expected demand rate to raise twenty six percent in the same time frame. As it plans...
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...facing the world today. Based on the 2007 Fourth Assessment Report (AR4 2007) by the Intergovernmental Panel on Climate Change (IPCC), as Earth’s climate began to change due to the rise of global temperature, there will be an increased tendency for drought, melting of ice sheets in Greenland or Antarctica and this will pose a major threat to human existence. The greenhouse effect is much to be blamed for global warming as carbon dioxide accumulated at the atmosphere will prevent most of the outgoing infrared radiation at the atmosphere from escaping into outer space. The main source of carbon dioxide emission is the burning of fossil fuels to generate energy in order to meet our daily requirements. Although the dependable energy supply by fossil fuel is essential in our every day life, because of its adverse effect is why the government should implement policies to encourage the use of renewable energy resources to conserve the environment. Fossil fuels like coal, petroleum, uranium, natural gases are non-renewable energy sources, which mean these resources cannot be re-made or regenerated. In contrast to that, renewable energy resources like hydroelectric energy, solar energy, wind energy, and geothermal energy do not deplete, or it will take a substantially long time to deplete them as it can be replenished by nature. Statistics has shown that there is an increase in the investment of renewable energy over the pass few years, in 2007 more than $100 billion was invested in...
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...manufacturing industries. Motorized vehicle emits substantial amount of carbon monoxide and nitrogen in to the air every day. Manufacturing industries, such as power plants and other facilities, release ten times more of particulate matters and sulfur oxide than motorized vehicles. In contrast, the positive effects humans have to offer are taking a few initiatives to redeem their mistakes by inventing non conventional fuels such as biodiesel, batteries and fuel cells, and other biomass resource. This proposal is to establish a mitigation plan to discuss the benefits and challenges of air pollutions. Furthermore, this devise strategy will encompass government and societal support to enhance the air quality we breathe. “The atmosphere is a complex, dynamic natural gaseous system that is essential to support life on planet Earth. Stratospheric ozone depletion due to air pollution has long been recognized as a threat to human health as well as to the Earth's ecosystems.” ("Air Pollution", 2012) This is a concern to our emergent crisis in the United States. “The Clean Air Act, which was last amended in 1990, requires EPA to set National Ambient Air Quality Standards (40 CFR part 50) for pollutants considered harmful to public health and the...
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...back to normal, business travel is increasing and investments in the airlines are now rising. Political/Legal influences Privatization Over the years airlines have undergone large-scale privatization; previously a significant portion of airlines industry was government-owned. Privatizing the industry has led to drastic increase in the number of air service providers and the airline travellers. Legal provision Civil Aeronautics Board (CAB) was established to control the activities of the commercial Airline industry; it used to set the rates and even the mergers in the industry till the first forty years after its establishment. Then Airline Deregulation Act 1978 was adopted to make the industry more efficient and privately owned. This act removed the powers of CAB, subsequently CAB was wound up in 1984. This act still gives the authority of regulating air safety to government through Federal Aviation Administration. All airlines need to have 2 certificates: 1. Fitness certificate (issued by Department Of Transportation): To ensure the airline is financially and management-wise strong enough to carry on the services adequately. 2. Operating certificate (issued by Federal Aviation Administration): To ensure that the airline maintains it crew and aircraft condition (avjobs.com, 2011) Deregulation of the airlines industry has resulted in lower airfares, increased...
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...hiring alternative fuel power vehicles for civil service. In today’s environmentally conscious society, major emphasis is being placed on the government to become greener and cleaner. The City of Milwaukee is spending a tremendous amount of the current budget to fuel and maintain inefficient gasoline powered vehicles; it has left the city in a continuous substantial annual deficit. The City of Milwaukee should begin using taxpayers’ dollars to fund the transition to convert public service vehicles to vehicles that use alternative fuels, for example: hydrogen, natural gas, Biodiesel, or hybrid vehicles. Other states and branches of government have used alternative fuel vehicles with astonishing results and public acceptance in a concentrated effort to reduce American dependency on foreign petroleum. Public transportation has an essential role in the City of Milwaukee by allowing its citizens access to affordable and reliable transportation throughout the metro area, as well as, surrounding counties but the recent rise in fuel cost has placed a severe pinch on the Milwaukee County Transit Service (MCTS) budget. To maximize profit, the MCTS has eliminated routes and raised fares, which has had a negative effect with dwindling rider attendance along with an increase in violent activity, which has jeopardizes patron’s safety and damaged public appeal. According to a survey that was issued to 100 MCTS rider, over 97% of the riders would prefer an alternative fuel public transportation...
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...FORD MOTOR COMPANY BUSINESS PLAN SUBMITTED TO THE SENATE BANKING COMMITTEE December 2, 2008 INTRODUCTION Ford Motor Company welcomes the opportunity to submit our Plan to the Senate Banking Committee, and appreciates the time and attention Congress is devoting to the critical issues that confront the domestic automotive industry in the current economic environment. In this submission, we first provide an overview of the current business environment, then discuss our Plan for viability, and conclude by answering the specific questions posed in the correspondence received from Speaker of the House Nancy Pelosi and Senate Majority Leader Harry Reid. We all have a shared interest in protecting American jobs, a vital American industry and American innovation. As the Committee knows so well, the ongoing economic and credit crisis has affected many Americans – from losing their jobs to losing their homes. The recession also has had very negative ramifications for the U.S. auto industry, which supports five million jobs in all 50 states and spends $12 billion annually on research and development in the U.S. – more than any other industry. We fully appreciate that the industry needs to transform itself to better compete by developing safer, greener and even better quality vehicles. We recognize Congress’ important role as guardian of the American taxpayers, and we hope in our submission that we address your valid concerns about our potential for future viability and restore your...
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...employees, and the Charters for each of the Committees of our Board of Directors. In addition, any amendments to our Code of Ethics or waivers granted to our directors and executive officers will be posted in this area of our website. All of these documents may be accessed by going to our corporate website and clicking on "Our Company," then "Corporate Governance," and then "Corporate Governance Policies," or may be obtained free of charge by writing to our Shareholder Relations Department, Ford Motor Company, One American Road, P.O. Box 1899, Dearborn, Michigan 48126-1899. In addition, all of our recent periodic report filings with the Securities and Exchange Commission ("SEC") pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended, are...
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...simplify our lives and made them more efficient.” (Garrett, 1994, pp 234-235). Such inventions included cars, household appliances and plants that burn solid waste, fossil fuels such as oil, natural gas, and coal, and wood and wood products for fuel. Before the Industrial Revolution, human activities caused very few gases to be released into the atmosphere, but now scientists say, through the burning of fossil fuels, a large population growth and deforestation, humans are affecting the mixture of gases in the atmosphere. This mixture of gases in the atmosphere is causing the worldwide problem known as Global Warming. (Garrett, 1994). There are many links between global warming and the future of business, investments and the economy. Global Warming is very detrimental to our future, both scientifically and in the business world. The effects of global warming will have a profound impact on the way we live and therefore the way we carry out our business and investments. According to the United States Environmental Protection Agency, “the earth has a natural “greenhouse effect” which is caused by energy from the sun controlling the earth’s weather and climate, and heats the earth’s surface. In response to the sun, the earth radiates energy back into space.” (Clean Air Act. 2006. Retrieved January 3, 2007, from http://www.epa.gov/air/oaq_caa.html/ ). Atmospheric greenhouse gases such as water vapor, carbon dioxide, and other gases, trap the energy leaving the earth and retaining...
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... Argosy University July 12, 2014 Abstract Hybrid vehicles are known for having more than one battery and two engines (electric and gas) that help alternate the energy needed to run. While a majority of hybrid vehicles are designed not to burn as much fossil fuel, some hybrid vehicles may be designed to use other alternative fuels (such as hydrogen, biodiesel, flex-fuel, etc.). This not only makes them fuel efficient, but friendly to the environment as well. Conscious that carbon dioxide released from the burning of fossil fuels is driving global warming, many drivers have opted for hybrids because their fuel efficiency makes them relatively environmentally friendly (Hewitt, et al., 2006). There is a huge difference between non-hybrid vehicles and hybrid vehicles. Unlike the hybrid vehicles, a non-hybrid vehicle only burns fossil fuels that causes smog and a variety of harmful gases (such as nitrogen oxide and carbon monoxide) into the atmosphere, which may be responsible for global warming. Because of the harmful gases in the atmosphere, they are not friendly nor healthy; which actually harms our environment. Renewable energy technologies are being explored to meet the challenges of energy security and climate change, as well as to boost regional economic development (Zhang & Cooke...
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...United Kingdom The impact on employment in EU-25 of the opening of electricity and gas markets, and of key EU directives in the field of energy Case study country report - UNITED KINGDOM and Centrica C3126 / March 2007 ECOTEC Research & Consulting Pat Irving and Anne-Mari Nevala Priestley House 12-26 Albert Street Birmingham B4 7UD United Kingdom T +44 (0)121 616 3600 F +44 (0)121 616 3699 www.ecotec.com This report is available in English only. It was financed and prepared for the use of the European Commission, Directorate-General for Employment, Social Affairs and Equal Opportunities. Its content reflects the opinions of its authors only and does not necessarily represent the official position of the European Commission. Contents 1.0 2.0 2.1 2.1.1 2.1.2 2.1.3 2.1.4 2.2 2.2.1 2.2.2 2.2.3 2.2.4 2.2.5 2.2.6 2.2.7 2.2.8 PAGE INTRODUCTION ...................................................................................... 3 KEY ENERGY MARKET FACTS............................................................. 4 Status and impact of gas market liberalisation .......................................................4 Market structure ...........................................................................................................5 Gas supply and demand ..............................................................................................6 Gas prices .........................................................................................
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