(BUSINESS WIRE)--FPL Group, Inc. (NYSE:FPL):

WHAT: FPL Group, Inc. CEO Lewis Hay Supports Carbon Fee

WHERE: U.S. Senate Committee on Environment & Public Works

WHEN: Thursday, June 28th, 10:00 am, EPW Hearing Room 406, Dirksen Senate Office Building, Washington, D.C.

Clean energy, conservation, and environmental commitment. FPL Group, Inc. is an acknowledged leader on all counts; named this year in a Fortune Magazine survey as the nation's most admired electric utility. That position of leadership has FPL Group CEO Lewis Hay headed to Capitol Hill Thursday, June 28th, to discuss how utilities can be a part of the solution to the challenge of global warming. Hay will testify before the Senate Committee on Environment and Public Works about the need to reduce carbon emissions and the simplest, most direct way to price carbon into the economy. Hay's well reasoned analysis concludes a carbon fee is the preferred solution as the country looks to make meaningful strides in controlling greenhouse gases. He will argue a carbon fee is, among other things: easy to administer, a solution that is economy-wide and, most importantly, one that will be fair and effective.

FPL Group's endorsement of a carbon fee is being echoed by many influential writers and economists. FPL Group has built its reputation over many years as one of the cleanest utilities in America, and it is the leader in the use of renewable energy resources.

FPL Group At A Glance:

FPL Energy is the nation's largest wind energy producer.

FPL Energy is the nation's largest solar energy producer.

Florida Power & Light is the nation's utility leader in energy conservation programs.

FPL Group brings to the vital discussion about global climate change the same attributes that have defined the company over the long-term; unwavering focus on providing reliable, affordable energy, while protecting our natural resources for future generations.

FPL Group, with annual revenues of nearly $16 billion, is nationally known as a high quality, efficient, and customer-driven organization focused on energy-related products and services. With a growing presence in 26 states, it is widely recognized as one of the country's premier power companies. Its principal subsidiary, Florida Power & Light Company, serves 4.4 million customer accounts in Florida. FPL Energy, LLC, an FPL Group competitive energy subsidiary, is a leader in producing electricity from clean and renewable fuels. Additional information is available on the Internet at www.FPLGroup.com, www.FPL.com and www.FPLEnergy.com.

Note to Editors: High-resolution logos and executive head shots are available for download at http://www.fpl.com/news/logos.shtml.

Copyright Business Wire 2007

FPL

FPL

FPL Group focuses its contribution support toward specific community issues that are directly related to the company's business objectives. These issues are periodically updated to reflect current business and community needs. Giving is in the area of Education, the Environment, Human Services and Community Development.

More from FPL