Carbon/Charcoal canister for emissions.
You can remove it if you want. The line from your tank to the rollover valve then to the canister should be free to vent to the ground (keep the roll over valve inline). The line to your throttle body can be removed and cap the throttle body nipples.
You will notice a fuel smell around your bike on hot days though, will void your warranty, and wont pass emissions in California and likely other states/countries
Oh and you'll tick off the Greenies out there by contributing un necessary hydrocarbons into the environment
You can remove it if you want. The line from your tank to the rollover valve then to the canister should be free to vent to the ground (keep the roll over valve inline). The line to your throttle body can be removed and cap the throttle body nipples.
You will notice a fuel smell around your bike on hot days though, will void your warranty, and wont pass emissions in California and likely other states/countries

Oh and you'll tick off the Greenies out there by contributing un necessary hydrocarbons into the environment