August 5, 2025 • OPIS TALKS ENVIRONMENTAL COMMODITIES: In this episode, Humberto Juarez Rocha, OPIS senior editor for carbon and biodiversity, sits down with Mark Lewis—one of the first full-time carbon analysts in London and a longtime observer of carbon markets—to unpack the evolving dynamics of the EU Emissions Trading System (EU ETS). They explore: - Why EU Allowance prices may be on the cusp of a bullish breakout - How the Carbon Border Adjustment Mechanism (CBAM) and the phase-out of free allowances could reshape industrial behavior - The growing role of speculative capital - Prospects for international offset integration post-2030 - Global carbon market developments—from China to California to the UK ETS Have questions or feedback? Please drop us a line at energy-marketing@opisnet.com. Please help us spread the word by sharing OPIS Talks. Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts.