Florida and Climate Change: The Costs of Inaction

By Elizabeth A.Stanton and Frank Ackerman

report commissioned by Environmental Defense, November 2007.

The report is the first detailed analysis on the potential consequences of continued climate change for the state’s economy. The report concludes that, if left unchecked, climate change will significantly harm Florida’s economy in the next several decades, and that impacts on just three sectors – tourism, electric utilities, and real estate – together with effects of hurricanes would shrink Florida’s Gross State Product by 5% by the end of this century.