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Under the terms of the memorandum of understanding, the two parties will pool knowledge on developing innovative business models and financing mechanisms that encourage investment in renewable energy sources and energy efficiency. Another area of focus is examining how best to stimulate the transition to a low carbon economy in the UK and Florida.
Michael Rea, chief operating officer of the Carbon Trust, and Governor Crist, Governor of the State of Florida, signed the memorandum of understanding today in London at a Low Carbon Innovation workshop organised by the Carbon Trust. Governor Christ is visiting the UK as part of a European tour with Team Florida Trade and Business Development Mission.
Governor Crist, said:
“Florida has become a leader in the Southeast United States in increasing our use of alternative and renewable energy technologies and reducing our greenhouse gas emissions. As a result, Florida companies are investing in alternative and renewable energy, and our universities are making progress in research and development. We look forward to sharing what we have learned with our partners in the United Kingdom and working together to identify our next steps forward in protecting our environment and our economy."
Michael Rea, chief operating officer of the Carbon Trust said:
“The Carbon Trust is a hub of low carbon expertise and a great example of how the UK is successfully engaging with business in the fight against climate change. Today’s agreement offers exciting opportunities and by working closely with Florida, we can share innovation and best practice for our mutual benefit. Our new partnership demonstrates how the Carbon Trust is working on an international basis to pool knowledge and ideas as part of our mission to drive forward the global low carbon economy.”
Dr Kim Howells, MP, Minister of State, Foreign and Commonwealth Office, said:
“This partnership between the Carbon Trust and the State of Florida underlines the vital role the private sector has in the move to a global low carbon economy. Last year the Carbon Trust not only saved UK businesses more than £140million by implementing cost saving measures, but also supported some of the UK's best innovators of low carbon technologies through partnerships, funding, expert advice and large scale demonstrations. I hope that this work can continue across the Atlantic, unlocking the potential in Florida and helping us tackle what is a truly global issue.”
View the Memorandum of Understanding between the Carbon Trust and the State of Florida
The Signing of the Memorandum of Agreement between the Carbon Trust and the State of Florida
(left to right - Michael Rea, Dr Kim Howells, MP and Governor Crist).
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