Copyright © 2009 Holland & Knight LLP All Rights Reserved by Florida Department of Environmental Protection at Disney’s Colorado Springs Resort Conference Center Presented by Tommy Boroughs July 30, 2009 Annual Power Generation Conference

Renewal and Alternative Energy and the Beginning of the Green Revolution

We Live In Interesting Times

 Utility  Manufacturer  In the Transportation Business  Farmer  Business Owner  Homeowner And We Live in Worrisome Times if You Are A:

 Anywhere in the United States!  Anywhere in the World! Or, If You Are A Person Living:

For the First Time (in the United States), There Would be a Price on Carbon And… This Would Fundamentally Change the Relationship Between Energy and the Consumer

And… This Would Mean that Each of Us Would Have to Think Differently About How We Use Energy

 Energy and Climate Change Legislation: Range of Between 3 to 2 and 2 to 1  Energy Legislation (Either with Climate Change Bill or Separately): 20 to 1 Tommy’s Odds for:

 Much More Likely Than Not That Man’s Burning of Fossil Fuels is Adding to Global Warming Arguments in Favor of Energy and Climate Legislation:

 Developing Countries Not Likely To Do Anything Unless United States Does Something

 Energy Security

 President Obama Very Much Wants Energy and Climate Changes Legislation (Preferably Before He Goes to Denmark in December for Talks on Kyoto Accord)

 Need for Certainty by Utilities and the Manufacturing Industry

 Preference for Congress to Regulate Greenhouse Gasses Than for the EPA

 Nuclear Power – Some Supporters of Nuclear Power in the Senate will Support an Energy and Climate Change Bill to Get Support They Want for Nuclear Power

 World Supply of Fossil Fuel is Finite.

 Economic Development and job, jobs, jobs

Energy Legislation, Either at the Federal or the State Level, is Especially Important in Florida

 Much More Distributed Energy Millions of Local Producers of Renewal Energy –All with Access to Intelligent Utility Networks  Buildings Will Function as Power Plants  Nuclear Reactors Fueled by Thorium POWER GENERATION IN THE FUTURE:

 Renewal and Alternative Energy and the Beginning of the Green Revolution

 Each of Us Will Have to Make a Fundamental Life Style Change in the Way We: Think About and How We Use Energy

Thank You for Attending. Tommy Boroughs Holland & Knight LLP