You're also indirectly taking money from big corporations and putting it into the pockets of citizens, which has been proven to be one of the most effective methods of stimulating the economy.
And if the green energy is that cheap (which actually it seems like it is) then we don’t need the dividend.
Btw, carbon emissions in the US at least typically aren’t done by “corporations” but rather poor land use decisions causing long commutes and things like that. Buying gas from a corporation may cause them to dig it out of the ground, but you’re the one who told them to do it.
The “climate change is caused by 100 corporations” thing is especially wrong since it comes from a misreading of a list of emitters that has things like Saudi Aramco and “the Chinese government” as corporations.
It doesn't matter. Pay debt. Dig holes. Build bridges. Just rebate it to whoever on a per-capita or per-tax-paid basis. Literally do anything with it.
The point is to incentivize conservation, not to raise revenue. You could get the same thing with a regulatory carbon penalty too, but it's simplest to administer as a tax.
I wouldn't call that stupid