Well it certainly could, when the renewables industry has a plausible plan for complete replacement of conventional energy, I'm happy to support it with my tax dollars, or even before. And when that infrastructure is in place, I will happily remove my support for protecting this supply chain.

But until then, calling this a "subsidy" of the oil industry is a bit of a mischaracterization. (But not complete, as these costs should most definitely be included in a comprehensive analysis when setting policy.)