Florida Could Face $76 Billion In Climate Change Costs By 2040: Report

"That’s billion, with a B. The study says the state would need to spend that much on sea walls to mitigate rising sea levels."

"Climate change is going to cost Florida more than any other state. It’s not even close.

That’s according to a new report from Resilient Analytics and the Center for Climate Integrity, which projects that the state could be on the hook for building $76 billion worth of sea walls by 2040 to mitigate the effects of climate change — and that’s based on a conservative sea level rise scenario.

To put that in perspective, Florida’s entire 2018 budget was about $88.7 billion."

Kirby Wilson reports for the Tampa Bay Times June 20, 2019.