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Florida and Climate Change: The Costs of Inaction

Elizabeth A. Stanton and Frank Ackerman are the authors of a report commissioned by the Environmental Defense Fund (EDF), “Florida and Climate Change:  The Costs of Inaction.” 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.
 
Download the Executive Summary

Download the full report here in either High Resolution (12MB) or Low Resolution (2.5MB)

EDF Press release


Selected press coverage of the Florida study:


Miami Herald

Associated Press
Reuters
Sarasota Herald-Tribune
Tallahassee Democrat
Houston Chronicle
Palm Beach Post
Orlando Business Journal

Read more about GDAE's work on the Economics of Climate Change

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