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Statement by FPL Group Chairman and CEO Lew Hay on Chairman Boxer's principles for climate change legislation

JUNO BEACH, Fla. – Sen. Barbara Boxer (D-Calif.), chairman of the Senate Environment and Public Works Committee, today released a set of principles for climate change legislation. Lew Hay, chairman and CEO of FPL Group, the nation’s No. 1 producer of renewable energy from wind and solar power, issued the following statement:

“Chairman Boxer deserves tremendous credit for proposing a path forward on the defining issue of our generation. By releasing these principles, she has demonstrated that if we muster the political will, we can pass meaningful climate change legislation this year. We must create a new clean-energy economy for the 21st century – one that will create jobs and help pull our economy out of recession, strengthen our energy security, and address the threat of global climate change. We look forward to working with Chairman Boxer to pass a bill this year.”

FPL Group: Energy Solutions for the Next Era  
FPL Group (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:www.FPLGroup.comwww.NextEraEnergyResources.comwww.FPL.com.

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