Lawson Steele, senior analyst at Berenberg Bank, sits down with Raoul Pal to further examine the opportunity around trading and investing in EU carbon allowances, one of the hot new trades that has Raoul and other investors like Pierre Andurand extremely excited. Together, they will discuss the nuances of EU carbon allowance market structure, the ever-important political climate around the EU Emissions Trading Scheme (ETS), and why Steele and Berenberg’s base case is 110 Euros per ton by Q4 2021. To prepare for the interview and to find more info on the trade, it is highly recommended that viewers watch this interview with Citigroup energy strategists Francesco Martocci and Eric G. Lee before tuning in: https://rvtv.io/3uDBKXc