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New studies find global warming will have significant economic impacts on Florida coasts
Date:9/24/2008

onal Commission on Energy Policy, a project of the Bipartisan Policy Center.

About the FSU study:

This study uses current estimates of sea level rise from Florida State University's Beaches and Shores Resource Center and 2001 estimates from the Intergovernmental Panel on Climate Change to evaluate the effect of sea level rise on the six coastal counties. The results show projected trends in storm-surge flood return periods associated with hurricanes, damage costs associated with flooding from major storm events, and the value and area of land at risk.

Under the FSU study's estimates for sea level in Dade County, the value of land at risk totals $6.7 billion in 2080 (in 2005 dollars). (By comparison, using International Panel on Climate Change sea level estimates, the value of land at risk in Dade County ranges from $1 billion to $12.3 billion in 2080). The study also calculated the effect of storm surge and sea level rise on future damage costs, finding that if a storm like Hurricane Wilma from 2005 occurred in 2080, the cost to Dade alone would be from 12 percent to 31 percent higher (in 2005 constant dollars). While these findings do not account for adaptive strategies or potential future increases in property values, they still provide valuable information about potential impacts and resources that are put at risk from sea level rise.

About the FAU study:

Key findings of the report have been included by Gov. Crist's Climate and Energy Action Team as it adopted the "Adaptation" section of its final report this week in Tallahassee. Important findings from the FAU study call for major state environmental, growth management and public infrastructure decision-making processes to be adjusted so they are responsive to future climate change impacts.

"FAU will continue to research how Florida can be a leader in providing guidance to other states on how best to put in place workable solutions that will he
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Contact: Julie Harrington
jharrington@cefa.fsu.edu
850-644-7357
Florida State University
Source:Eurekalert

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