
Carbon Market Conversations: A Podcast by ICAP
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Podcast Overview
<p>This is Carbon Market Conversations: A Podcast by ICAP, giving insight into all things emissions trading and carbon pricing. Join our host Trevor Laroche-Theune as he meets with climate experts and practitioners in each episode to discuss their views on the latest emissions trading and carbon pricing developments and their impacts. Whether you are new to the conversation or a seasoned carbon pricing practitioner, ICAP's Carbon Market Conversations provides engaging discussions in an easily digestible format. Tune in to be part of the conversation driving positive change for our climate.</p>
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Publishing Since
4/12/2024
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Recent Episodes

June 30, 2026
Episode 12: The Polish Perspective: Carbon Pricing, Just Transition, and the EU ETS, with Robert Jeszke
In this episode of ICAP’s Carbon Market Conversations, host Trevor Laroche-Theune sits down with Robert Jeszke (Deputy Director for Emissions Management at the Institute of Environmental Protection – National Research Institute (IOŚ-PIB), and Head of Poland’s National Centre for Emissions Management (KOBiZE)) for a grounded look at how EU carbon pricing lands in Poland. Building on the EU ETS reform agenda and the rollout of EU ETS 2, the discussion explores how policy design translates into practice in Poland, from price signals and competitiveness to revenue use for the energy transition and cushioning social impacts. Robert sheds light on KOBiZE’s policy and operational work, the role of complementary measures, and what a “just transition” means in the Polish context. The conversation also examines deployment of EU funds, the significance of the Social Climate Fund, and how public acceptance is managed. We close with lessons other countries can draw from Poland’s experience and why reframing carbon pricing as a credible transformation contract may be key to the years ahead.Breakdown of topics covered:0:55 – Introduction to today’s topic and our guest3:10 – How EU ETS reforms translate to the Polish context5:45 – Poland’s preparation for EU ETS 28:00 – KOBiZE’s role and the kinds of policy and operational questions Robert works on11:05 – How the EU ETS price signal lands in the polish context given the economy and energy system structures14:00 – Economic competitiveness17:50 – ETS revenue allocation in Poland, including toward the energy transition and cushioning economic impacts20:00 – Complementary policies23:40 – Just transition in the Polish context26:45 – Deployment of EU funds and examples of meaningful change taking shape29:35 – Significance of the Social Climate Fund33:40 – Managing the question of public acceptance36:00 – Lessons other countries can learn from Poland’s engagement with the EU ETS38:00 – Most important challenge for Poland, or countries in comparable situations, will face in the years ahead, and steps to confront it38:00 – Shifting perception of carbon pricing to that of a credible transformation contract42:10 – Closing remarks

June 10, 2026
Episode 11: Resilience and transformation: where emissions trading systems stand in 2026, with Iryna Holovko and Victor Alejandro Ortiz Rivera
In this episode of ICAP’s Carbon Market Conversations, host Trevor Laroche-Theune is joined by ICAP Carbon Market Experts Iryna Holovko and Victor Alejandro Ortiz Rivera for a wide-ranging discussion on the state of emissions trading systems worldwide in 2026. Drawing on findings from ICAP's latest Status Report, the conversation charts the continued growth and resilience of carbon markets globally, from headline statistics and rising ETS revenues to the entry into force of new systems in Japan, India, and Vietnam. The episode examines how established systems such as those in California, the UK, and the EU have proven resilient. This episode also explores the emergence of next-generation hybrid and intensity-based ETS designs, before tackling cross-cutting issues shaping the field today, including competitiveness and carbon leakage risks, public acceptance and the use of ETS revenues, and international alignment. The episode closes with our guests and host sharing their perspectives on the developments to watch most closely in the year ahead.Access the full ICAP ETS Status Report here: https://icapcarbonaction.com/en/publications/emissions-trading-worldwide-icap-status-report-2026Breakdown of topics covered:0:55 – Introduction to today’s topic and our guests 3:00 – ETS growth: key global statistics4:50 – Increased ETS revenue5:40 – New systems in force in Japan, India, and Vietnam10:00 – Resilience of existing ETSs highlighting California, the UK, and the EU12:20 – Next-generation ETS designs and the uptake of hybrid and intensity-based ETSs14:40 – ETS uptake in G20 countries16:30 – Managing competitiveness and carbon leakage risks, 19:20 – Public acceptance and the use of ETS revenues20:55 – International alignment22:50 – Areas to watch closely in the year ahead26:15 – Closing remarks

January 30, 2026
Episode 10: India Carbon Credit Trading Scheme Deep-Dive with Saurabh Diddi
In this episode of ICAP’s Carbon Market Conversations, host Trevor Laroche-Theune takes listeners on a deep-dive into the carbon pricing and climate policy landscape in India with expert guest, Saurabh Diddi, Director at the Bureau of Energy Efficiency within the Ministry of Power. This conversation focuses on the development and implementation of India’s Carbon Credit Trading Scheme (CCTS), specifically touching on how the system fits into India’s broader climate and energy strategies, key design features, and lessons other jurisdictions can learn from India’s experience. A more detailed breakdown of the topics explored and where you can listen to the episode is listed below.Breakdown of topics covered:0:55 – Introduction to today’s topic and our guests 2:40 – Overview of India’s carbon market development journey4:35 – How India’s Perform, Achieve, and Trade (PAT) Scheme experience informed the Carbon Credit Trading Scheme (CCTS) development8:00 – The goals of the CCTS and how it fits into India’s broader climate and energy strategies incentivizing industry and voluntary market participation 9:30 – CCTS approach to scope 2 and scope 3 emissions and ensuring system integrity12:20 – Relationship between the compliance market and the voluntary offset market13:25 – Emissions targets14:35 – Lessons emerging economies can learn from India’s experience developing the CCTS18:20 – Benefitting from existing MRV infrastructure19:50 – Energy auditing and verification22:40 – Key challenges that must be properly address in the Indian climate policy context24:25 – Closing remarksMore information about the India CCTS can be found here.
12 total episodes available
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Frequently asked questions
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- What is Carbon Market Conversations: A Podcast by ICAP?
<p>This is Carbon Market Conversations: A Podcast by ICAP, giving insight into all things emissions trading and carbon pricing. Join our host Trevor Laroche-Theune as he meets with climate experts and practitioners in each episode to discuss their views on the latest emissions trading and carbon pricing developments and their impacts. Whether you are new to the conversation or a seasoned carbon pricing practitioner, ICAP's Carbon Market Conversations provides engaging discussions in an easily digestible format. Tune in to be part of the conversation driving positive change for our climate.</p> - How often does this podcast release new episodes?
This podcast updates bi-weekly.
- Where can I listen to this podcast?
This podcast is available on 6 platforms including Apple Podcasts, Spotify, and more. You can also use the RSS feed directly.
- Does this podcast accept guests?
Yes, this podcast regularly features guests.
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