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Its findings, which largely echo those of the federal government's Third National Climate Assessment that was released in May, forecasts huge economic losses: Sea level rise and increased damage from storm surge are likely to lead to an extra $2 billion to $3.5 billion in property losses each year by 2030 in the Gulf Coast, Northeast and Southeast, with escalating costs in future decades. By 2050, between $66 billion and $106 billion worth of existing coastal property will likely be below sea level nationwide, growing to, $238 billion to $507 billion by 2100. Extreme heat — especially in the Southwest, Southeast, and Upper Midwest — will likely add 27 to 50 extra days each year when temperatures hit at least 95 degrees Fahrenheit by mid-century. By 2100, this number will likely reach 45 to 100 additional days. It will make being outside so difficult that labor productivity could drop while demand for air conditioning will require the construction of more power plants that will hike electricity costs. Global warming could benefit Northern farmers in the upper Great Plains by extending the growing season but their gains will be offset by losses in the Midwest and South. Without major adaptation, national crop production (corn, soy, wheat and cotton) could decline by 4% by mid-century and up to 42% by late century. "Every city, every company can do something to make a difference," Bloomberg said, noting New York City cut its greenhouse gas emissions 19% in the last five years and his company is building a massive data center in upstate New York to mitigate flooding risks.