the general trend is basic economics
Well, first of all, if there are two industries and their size is a zero-sum game (all population is divided between classes A and B and everyone must belong to either A or B) then the effect of a tax and a subsidy is exactly the same. What grows one part, shrinks the other part and vice versa.
Second, this is a general-purpose argument against helping anyone in trouble. And, certainly, sometimes it is a valid argument (e.g. see the flood insurance for shore properties in the US). But sometimes its validity is more doubtful: for example, following this logic the SSI system for disability benefits should be dismantled immediately.
What grows one part, shrinks the other part and vice versa.
Yes? If we, say, use subsidies to reward coal plants for reducing their emissions, then coal plants will have lower costs relative to nuclear, and we'll see more coal plants and less nuclear plants than we would have otherwise, and this goes against our stated goal of reducing emissions. If we taxed emissions, then we would get the same short-term behavior but in the long run there would be less coal plants and more nuclear plants, which would aid our stated goal of reducing emissions.
...Second,
A post from Gregory Cochran's and Henry Harpending's excellent blog West Hunter.
The commenter Ron Pavellas adds:
The Wasserman Test.