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
