Emissions standards for motorcycles took effect in 2006 underrules adopted by the Environmental Protection Agency. Therewere no previous emissions controls for motorcycles at all, buteven under the new laws, “dirt” bikes for off-road use will beexempt. The standards add about $75 to the average cost ofa motorcycle, according to the EPA, but $250 according to theMotorcycle Industry Council. Why do you think motorcyclemakers did not adopt voluntary emissions standards? Shouldthey have done so? Why or why not?
Emissions standards for motorcycles took effect in 2006 underrules adopted by the Environmental Protection Agency. Therewere no previous emissions controls for motorcycles at all, buteven under the new laws, “dirt” bikes for off-road use will beexempt. The standards add about $75 to the average cost ofa motorcycle, according to the EPA, but $250 according to theMotorcycle Industry Council. Why do you think motorcyclemakers did not adopt voluntary emissions standards? Shouldthey have done so? Why or why not?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Emissions standards for motorcycles took effect in 2006 under
rules adopted by the Environmental Protection Agency. There
were no previous emissions controls for motorcycles at all, but
even under the new laws, “dirt” bikes for off-road use will be
exempt. The standards add about $75 to the average cost of
a motorcycle, according to the EPA, but $250 according to the
Motorcycle Industry Council. Why do you think motorcycle
makers did not adopt voluntary emissions standards? Should
they have done so? Why or why not?
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