How the Budget Bill Could Reshape America’s Energy Future

Today on Inevitable, we’re joined by three guests to focus on the clean energy tax provisions currently at risk in the Congressional budget reconciliation process—what’s being called the One Big Beautiful Bill. This is our second episode on this topic this week. 

Our guests are Jeremy Harrell, CEO at the right-of-center clean energy policy firm ClearPath; Spencer Nelson, Director of Federal Affairs at Form Energy; and Vikrum Aiyer, Head of Global Public Policy and External Affairs at Heirloom.

The goal of this conversation is to get to the root of the proposed changes in the legislation passed by the House and now under consideration in the Senate. We also explore which amendments are on the table and how those of us working in climate and energy innovation can help influence the outcome.

In this episode, we cover: 

• ⁠[01:06]⁠ Why this bill matters for climate tech
• ⁠[03:19]⁠ Jeremy’s background in conservative energy policy
• ⁠[04:08]⁠ Spencer on Form’s long-duration batteries
• ⁠[05:40]⁠ Vikrum explains Heirloom’s DAC technology
• ⁠[08:44]⁠ What the reconciliation process actually means
• ⁠[13:42]⁠ Why the FEOC rule could block progress
• ⁠[17:41]⁠ Why startups need credit transferability
• ⁠[25:01]⁠ 60-day window threatens new projects
• ⁠[27:36]⁠ What’s at stake for solar and storage
• ⁠[31:32]⁠ Energy cost risks if credits vanish
• ⁠[35:42]⁠ How founders and VCs can take action
• ⁠[41:56]⁠ Tips for contacting your senator directly

Episode recorded on June 6, 2025 (Published on June 12, 2025)

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*Editing and post-production work for this episode was provided by The Podcast Consultant