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I will also add that the vast, vast majority of economists, if asked "what would be the best way to reduce the burning of fossil fuels to reduce the carbon footprint" would say "carbon tax." That statement is far from saying that the vast majority of economists would support a carbon tax. You have to buy into the goal etc. I would personally not be opposed to using the proceeds to raise the exemption level for income taxes to offset the regresivity for example and to provide some near-term offset to the economic drag. But of course, money is fungible, so this question of "what do you use the proceeds for" is inherently a bit of a silly one.
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