By Ciara Linnane

Florida and Texas are the two states expected to suffer the greatest economic damage from climate change, according to a new study from Science magazine.

The study used a model that aimed to calculate the future impact on each state’s gross domestic product (GDP) from events including hurricanes, storm surges, changes in agricultural yields, changing electricity demands, changes in mortality rates, changes to the labor supply, rising sea levels and rising crime rates.

Researchers calculated that Florida will lose $100.9 billion from GDP due to climate change, while Texas will lose $100.7 billion.

California comes in third place at an expected impact of $59.6 billion. California has recently suffered a severe drought, as well as devastating wildfires, that caused billions of dollars in damages to homes. New York, still recovering from the damage caused by Hurricane Sandy in 2012, comes in fourth place with estimated losses of $54.7 billion.

Continue reading at MarketWatch…

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