SmarterMarkets™ Holiday Special 2025: The Year in Review | Part 1
8 snips
Dec 27, 2025 Guest
Hannah Hauman
Guest
Mark Lewis
Guest
Rene Velasquez
Guest
Helima Croft
Guest
Nobuo Tanaka
Guest
Peter Zaman
Peter Zaman, an expert in carbon frontiers, discusses the implications of international carbon markets and the Paris Agreement. Nobuo Tanaka sheds light on the evolution of global energy policies, balancing security and sustainability. Helima Croft analyzes the geopolitical dynamics affecting energy markets and potential sanctions. Rene Velasquez contrasts the turbulent voluntary carbon market with its compliance counterparts. Mark Lewis explains the shifting landscape of the EU ETS, while Hannah Hauman focuses on Article 6 and the emerging challenges of carbon credit management.
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Local Strategy Drives Global Energy Paths
- Countries pursue renewables and energy expansion driven by local strategic goals like self-sufficiency and industrial competitiveness.
- Dave Ernsberger and Mark Eramo stress China, Middle East, and India follow distinct, pragmatic paths to energy transition.
Tale Of Two Carbon Markets
- Carbon markets split into growing compliance systems and turbulent voluntary markets seeking integrity reforms.
- Rene Velasquez sees compliance expansion and voluntary-market reckoning as an inflection point toward scaling with better transparency.
EU ETS Faces Identity Shift
- The EU ETS remains the global compliance benchmark and is entering an identity shift as industry replaces power as the main price driver.
- Mark Lewis predicts structural price rises as the cap tightens and industrial hedging grows toward 2030.
