We still need both stick and carrot for all companies though to help promote the environmental culture just as well as the Occupational Health and Safety culture has grown. After that the smaller companies or small businesses would probably need a real stick since they would dodge anything with the belief it won't happen to them while the large companies already have statistics of even a death rate per how many man hours worked.
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"Natural climate forces can not be underestimated, but no climate model produced can show the speed of the melting in the Arctic that has occurred without adding human contributed emissions." A Physicist from the U.S Army.
http://www.theage.com.au/frontpage/2.../frontpage.pdf
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