A new wave of energy legislation is changing the incentives–and the direction–of U.S. energy policy. In Part 1 of this two-part episode, Elisa sits down with Tyler O’Connor, Partner at Crowell & Moring and former Energy Counsel to the House Energy & Commerce Committee, to unpack the recently passed “One Big Beautiful Bill.” They discuss how the legislation rolls back key clean energy tax credits, prioritizes traditional energy infrastructure, and could push the private sector to rethink its approach to energy planning, investment, and long-term sustainability.

Tyler O’Connor is an energy litigator and public policy leader in Crowell & Moring’s Washington, D.C. office

References:

The One Big Beautiful Bill Act The National Defense Authorization Act for Fiscal Year 2026 (Introduced)

The Inflation Reduction Act of 2022

IRA: Section 45X Advanced Manufacturing Production Credit

Clean Energy Investment Tax Credit Clean Electricity Production Credit

Zero-Emission Nuclear Power Production Credit

CHIPS and Science Act