On June 25, 2008, Governor Charlie Crist signed into law House Bill 7135, enacting several new energy and climate change policies. The policies include the Florida Climate Protection Act, which authorizes the Department of Environmental Protection to develop an electric-utility greenhouse gas (GHG) cap-and-trade program. Pending legislative approval of the final plan, the cap-and-trade program may begin operation as soon as January 1, 2010. Among other goals, the program will develop a timeline to reduce electric sector GHG emissions to 2000 levels by 2017, 1990 levels by 2025, and 80 percent below 1990 levels by 2005, in accordance with Governor Crist’s Executive Order 07-127 from July 2007.
Press Release [1]
HB 7135 [2]
Links:
[1] http://www.flgov.com/release/10074
[2] http://www.flsenate.gov/data/session/2008/House/bills/billtext/pdf/h713503er.pdf