Alan Lowenthal actually said...

"The SCC, or the social cost of carbon, is derived by estimating the cost of the damage to society of emitting a single metric ton of carbon dioxide."

"Polluting industries are pumping out greenhouse gases free of charge, but others, such as taxpayers, property owners, and also healthcare systems, are and will be paying for the resulting damage."

"The social cost of carbon (SCC) puts the effects of those greenhouse gas emissions into a monetary context."

"For years, the world's top economists have been saying that in not accounting for climate change, we have created a market failure."