Oil and Gas get massive subsidies every year, but a huge part of it are the very popular heating oil subsidies that keep people alive in the winter. Could these be reduced or replaced if instead the government gave money towards families purchasing electric heaters and spending their money on that?
Edit: USA but i assume the problem is not uniquely ours
Our tax on natural gas is already higher than electric. If we buy the same amount of heat in a whole year (not accounting solar panels) we would save about €200 per year (almost 20%).
We have also bough an heatpump for €7000, of which we get abour €2300 as subsidies for a heatpump.
To answer your question, yes it could. But a knife will always cut on both sides, and people will always be unhappy about a change. But in this case the world would benefit from it so I think we should but more tax on non-renewable and put less on renewables