This is compared to no global warming at all far in the future. Meaning that we will still be richer than today, just not as rich as if we magically could susta

This is compared to no global warming at all far in the future. Meaning that we will still be richer than today, just not as rich as if we magically could sustain this economic growth without increasing greenhouse gasses in the atmosphere. I think the IPCC reports estimates are more realistic.