Last week, Rep. Van Hollen (D-MD) introduced the first cap-and-dividend bill. Now, Sens. Cantwell (D-WA) and Feinstein (D-CA) are both working on their own version of cap-and-dividend legislation. Under a cap-and-dividend program, the majority of the revenues created by a GHG emissions trading scheme would be returned directly to the public, an approach that may be consistent with recent calls from legislators that climate change legislation should not be an additional revenue source for the federal government. With increasing doubt about the ability of the Senate to pass cap-and-trade legislation, it is very intriguing that at least two Democratic Senators are beginning to look in this new, different direction.