The social cost of carbon (SCC) __________. Question 5 options: represents the present value of the marginal social damages from carbon dioxide emissions is equivalent to the marginal social benefit from emissions abatement is specifying the "damage function" that relates the rise in global average temperatures to aggregate damages is estimated by using commonly cited integrated assessment models that were run hundreds of thousands of times, resulting in different distributions of SCC estimates all of the above A, B, and C are correct