Re: wrapping with carbon fiber yarn
The answer is a combinatin of both b and c, but mostly c.
All materials have a coefficient of thermal conductivity.
Carbon has one
Each epoxy will have one, and they will differ
The thermal conductivity will therefore be a combination of which epoxy you choose, and the geometry/arrangement of carbon/epoxy you use.
Thermal energy (heat) moves (and its movement is resisted) through materials in the same way that electricy moves through a circuit.
For example, consider a very simple circuit with a source and a lightbulb (resistor). The electricity will flow very easily through the copper conductor, and then with difficulty through the filament of the light bulb, so that heat will build up and light will be given off.
Heat dissapation is a function of the thermal gradient, and the specific heat of the substances (we are not even getting into radiaton here, which is ok, as emissive power is a function of temperature to the 4th power....and we're talking about relatively low temps).
My suggestion: Pick the strongest prepreg you can, and let the thermal conductivity and heat dissapation chips fall where they may.