Amid all the discussions about potential paths forward in terms climate legislation, there is basic agreement about the need to 'put a price on carbon' to incentivize reducing carbon intensity (and usage ... or, actually, dumping into the atmosphere) throughout the economy.

Should we pursue a Carbon Cap (or A CAT, a Cap, Auction, and Trade) or some form of Carbon Tax (or fee)?

And, then the debate turns to "what to do with the resources".  For many, the best answer seems to be some form of Cap & Dividend program.  The idea of sending money "back" to people has great appeal, for many reasons but what about looking behind the curtain. Does it continue to make as much sense?