Global warming-cold economy!

It may seem that the global economy may head for a big chill as a result of global warming.lets say that global warming wrecks havoc on earth and that the oceans do rise and that the low lying areas of land are flooded.what could this mean for globnal economy?
for any country that is affected,the least it would mean is more pressure on its economy as a result of loss of infrastructure,loss of lives,loss of arable land,delay,and more to come.actually the costs of the global warming has only been estimated at and that too it is on the low side.no one until noe has actually sat down,computated the effects of global warming,and the cross effects on all species,man and animal as well as the effect on all flora and fauna.once one has done that then estimating the costs of global warming could be done.but irrespective of whether that estimation is done or not,the effects of global warming is already being felt in many parts of the world vis-a-vis freak weather and it is irreversible.
the more business develops the more fossil fuel emmision increases and the global warming increases tenfold.so it is safe to say that,yes,the economy will indeed head for a big chill at this rate until some affirmative action is taken to deal with the fossil fuel emmision!