Frank Pallone actually said...

"We know that, if we don't do something about climate change, that the world GDP will decrease by 30 percent and that the cost to the American taxpayers directly will be billions of dollars by the end ..."

"economy-wide climate action will not only reduce emissions but will also stimulate the economy."

"Hon. Frank Pallone, Jr., a Representative in Congress from the State of New Jersey, opening statement."

"Carbon tax offers the most effective lever to reduce carbon emissions at the scale and speed that is necessary."