On the other hand, if the economy grows at 3% per year, then humanity will be 12 times richer by 2100 than if the economy slows down to 2% growth due to heavy government interference.

Compounding interest and economic growth has been the primary driving force for lifting people out of poverty, and increased wealth can be used to build seawalls, sequester carbon, and implement climate control on a large scale.

There is still plenty of debate to be had about whether the economic growth from acclimation outweighs the potential climate benefits from mitigation.