Hassan Moinuddin of the Asian Development Bank's Mekong Sub-Region Program says a warmer climate could cut almost seven percent off the region's gross domestic product by the end of this century, by reducing crops or forcing the relocation of communities.
VOA: standard.2009.12.21
Furthermore, by inhibiting economic growth, higher tax rates over the longer term actually end up reducing government tax receipts.
His conclusion is unambiguous: though reducing carbon-dioxide emissions will not end all human influence on climate, it is a necessary step towards reducing the risk of severe dislocation.