FPL CEO applauds new energy bill
“Senators John Kerry and Joe Lieberman deserve tremendous credit for crafting a proposal that would move the country in the right direction on energy and climate issues,” he said in a statement. “After years of debate and half measures, the United States still lacks a long-term national energy strategy, leaving us behind other countries in building and exporting the clean energy economy of the future. If we are to continue to lead the world in technological advances, job creation and economic security, we need a new approach.
“The most essential step – which is at the heart of the American Power Act – is to set a price on carbon dioxide emissions. With a gradually escalating price on carbon that begins to reflect the full social costs of emitting greenhouse gases, the country will make a smooth transition from the high-carbon fuel sources of the past to the next generation of low- and zero-emitting domestic energy sources.”
Although Hay does admit that the legislation has been diluted, it does provide a broad enough base to appeal to all parties.
“No legislation is ever perfect, this bill included, but Sens. Kerry and Lieberman have shown true leadership in their efforts to reach a balanced solution that all parties to this debate should be able to support. We applaud their efforts and look forward to working with them to get a bill signed into law.”
Related News

Germany extends nuclear power amid energy crisis
BERLIN - German Chancellor Olaf Scholz has ordered the country's three remaining nuclear power stations to keep operating until mid-April, as the energy crisis sparked by Russia's invasion of Ukraine hurts the economy.
Originally Germany planned to phase out all three by the end of this year.
Mr Scholz's order overruled the Greens in his coalition, who wanted two plants kept on standby, to be used if needed.
Nuclear power provides 6% of Germany's electricity.
The decision to phase it out was taken by former chancellor Angela Merkel after Japan's Fukushima nuclear disaster in 2011.
But gas prices have soared since Russia's invasion of Ukraine…