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You mean, increase the cost of doing oil-dependent business.
I think that's a good thing. I think petroleum should be taxed up to at least $5/gallon (perhaps more, and augmented by license, lane and speed restrictions on vehicles from H2 Hummers down to full-size pickups). We should make it both expensive and inconvenient to be a wastrel.
Oil is going away. The last thing I want is to encourage anyone, starting with the oil companies, to think that this isn't the beginning of the end of the oil age. If a repeal of a tax break helps, it's doing at least some good.
Exactly.
And BTW, in a pay as you go mode teh House is in, funding for renewables must come from somewhere. Consider this an after cost for the ultra-cheap gasoline of the 1990's and early 2000's.