Study: U.S. climate change to hit South hardest

Southern states including Florida, Louisiana and Texas face some of the greatest financial risks from global warming, according to a study of the economic implications of climate change for the US.

According to the Financial Times, the Risky Business report - backed by three former U.S. Treasury secretaries - estimates potential costs of problems such as flooding caused by rising temperatures and higher sea levels.

The study seeks to spark debate on the issue in the U.S.

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