If you're a liberal, you can easily make the argument for tax incentives to promote a "Green Revolution", but fiscal conservatives should appreciate the need for them as well.
The government has been providing a bias towards big oil by providing stimulus and tax incentives that are not eligible to green industries. Under normal conditions, one could argue that repealing these tax incentives/stimulus would be a good way to unbias the government's selection of big oil over green.
But what do we do in a recession like this one? Repealing stimulus/incentives (even to big oil) is an depressant to the economy. So, the best way to spur growth and unbias the playing field should be to provide the same incentives to green energy technologies.
A liberal would argue that the big oil incentives should still be repealed. The problem is that this again biases the industry. What should happen is that during the next economic boom, these incentives should all be repealed. This would allow the next wave of technologies to emerge if they are worthy.
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