Mr. Conor Linehan:

Yes, to an extent. Professional industries, or subsets thereof, do grow up arising out of EU environmental regimes. A good example is the building energy rating, BER, directive, energy efficiency and this whole area. A whole professional sector is now dealing with all of what is involved in this area, everything from electrical vehicle charging points to building design and undertaking auditing, rating and verification. The EU carbon emissions trading scheme, ETS, which covers about 45% of EU greenhouse gas, GHG, emissions, covers approximately 12,000 installations across the EU27, including power stations and other large carbon emitters. The cap-and-trade scheme for this sector is entirely dependent on a regime of reporting, monitoring and verifying emissions and feeding all this information back to the European Commission and the competent authorities. A whole professional sector now exists around verification and independent auditing and this has grown out of environmental engineering and various consultancies, particularly engineering. These companies are dealing with this context. I expect what is being proposed in this context will take a similar direction. There are environmental health and safety, EHS, officers and corporate social responsibility people within organisations, and people in the field of human rights will certainly need to be brought into this area as well.