Prop 39 Tax Increase for Renewable Energy Sources [Blog]

From the http://cainitiatives2012.org/?p=152

Supporters say the tax increase results from closing a loophole that gave preferential treatment to businesses with operations outside California.  They furthermore argue increased taxpayer-backed spending on renewable energy will be good for the environment and will create green jobs.

Opponents say the tax increase will worsen California’s already high unemployment rate by making the state even more difficult to do business in.  They point out California currently has the highest business taxes in the western United States and one of the nation’s heaviest regulatory burdens.  Opponents say the state should address its anti-jobs climate instead of raising taxes.

My question regarding this issue... Why would any consideration be given to increasing taxes on a fledgling industries at the same time we are subsidizing big oil, the most profitable business in the history of life, to the tune of billions of dollars a year? One would think it'd be the other way around...