Ian Coleman: I do believe that this issue of sustainability, broadening beyond climate change but sustainability which would capture thinking about employment practices as well as just sort of the climatic effects of this activity is going to be an absolutely central issue for the way in which emerging markets emerge.
Chris Runckel: In China a lot of water ways if you are standing next o it your eyes are tearing from the smell of chemicals. If you’re in China travelling for a couple of weeks often times you’ll develop a cough because of the higher levels of articulates in the air. In general pollution is a very big problem in most of these developing countries it’s a problem. In China throughout the eastern area it’s an increasing problem in Vietnam, it will be a bigger and bigger problem in India.
Frederique Schillern: I think we talked about China and its political and economic role in the world; it is more and more becoming a global player. That"s going to mean for them to address things like the environment, in turn that means potential for a lot of companies dealing with environmental technology, environmentally friendly systems for example. It means that they have to open up their financial markets amongst other things, is one of the few things that is still very tightly controlled, that means of course an enormous amount of potential for environmental firms and all the advisory professional services that go with that.
Ian Coleman: I think it would be wrong to characterise emerging markets as a …