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Project

Climate change: the costs of inaction in Florida

Frank Ackerman, together with GDAE economist Elizabeth Stanton and several student assistants have analyzed the expected costs for Florida – both monetary and environmental – of business-as-usual carbon emissions and economic growth through the end of this century.

Inactive project

2008

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Sturle Simonsen Hauge

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The report estimates that costs in just four areas – tourism losses, hurricane damages, effects of sea level rise on coastal residential property, and increased electricity costs – could reach 5% of gross state product by 2100, while other unquantified problems such as Florida’s impending shortage of fresh water will also be intensified.

Synapse Energy Economics (a public interest-oriented research firm run by former Tellus colleagues) assisted with project, producing an innovative estimate of the effects of climate on the state’s electric power industry.

Geographic focus: US

Funder: Environmental Defense

 

 

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SEI US

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