If Florida and the globe continue business as usual, the report predicts, by 2050 tourism will decline, sea levels will rise 23 inches, insurance and electricity prices will soar and the economic cost to the state will be $92 billion. That is the conclusion of a report released Wednesday by Environmental Defense, as reported by the Miami Herald.
''We're on an escalator that's headed down,'' said Frank Ackerman, an author of the report. ``The status quo is not an option that is going to continue.''
Title of the report? Florida: The Costs of Inaction
Meanwhile, Marco Rubio is starting to complain about cost.