This clip is very interesting and well worth watching. First the points on Copenhagen are important. It might not have been the package we wanted - the lack of legally binding targets is quite a disappointment. However, it is not a failure.
At about 3:30 the speaker, Jeremy Oppenheim, talks about challenges to business. The focus has been putting a price on Carbon but Oppenheim makes the point that there are two environmental concerns that business might find more pressing: that the price of energy is increasing and predicted to continue to rise and that the increased burdens of legislation means greater risk of non-compliance.
