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Read news releases from NextEra Energy, Florida Power & Light Company and NextEra Energy Resources.

Legislative principles on energy and climate a big step forward, Hay says

JUNO BEACH, Fla. – Lew Hay, the chairman and CEO of FPL Group, issued the following statement today on the principles for energy and climate legislation introduced by Sens. John Kerry (D-Mass.), Lindsey Graham (R-S.C.), and Joe Lieberman (I-Conn.):

“These principles are a big step forward and will hopefully form the basis of a bipartisan agreement on energy and climate legislation. Progress in the energy debate is certainly welcome, just as delay only increases uncertainty on the part of business leaders. There is no mystery about what we need to do. We must address climate change while making sure we provide financial protection to customers. As the CEO of the nation’s largest provider of renewable energy, I can tell you exactly what will happen if we enact sensible climate policy: We will create thousands of new clean-energy jobs, strengthen the nation’s energy security, and dramatically improve our environment.”

FPL Group: Energy Solutions for the Next Era
FPL Group, Inc. (NYSE: FPL) is a leading clean energy company with 2008 revenues of more than $16 billion, approximately 39,000 megawatts of generating capacity, and more than 15,000 employees in 27 states and Canada. Headquartered in Juno Beach, Fla., FPL Group’s principal subsidiaries are NextEra Energy Resources, LLC, the largest generator in North America of renewable energy from the wind and sun, and Florida Power & Light Company, which serves 4.5 million customer accounts in Florida and is one of the largest rate-regulated electric utilities in the country. Through its subsidiaries, FPL Group collectively operates the third largest U.S. nuclear power generation fleet. For more information about FPL Group companies, visit these Web sites:

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