If an open coil that is the loop of wire is placed in front of a
magnet moving with constant velocity then the electro motive force is
induced in it in accordance with the lenz's law. But by mechanics we
know that a magnet moving with a constant velocity need no force to be
applied on it as per newton's first law beatse it has the inertia of
motion and tends to remain in that position without the need of any
external force. Also as the coil is open no current flows through the
coil which would have been present he the boil were closed. Now in the
case discussed the boil is opened so no current flows . Now no current
flows therefore there shall be no opposing magnetic field to oppose
the cause. Now as we can see that neither magnet offer any work to
be done nor anything opposes the changing magnetic field . Thus we get
electrical energy that is voltage without expense of any work . Isn't
this the violation of law of conservation of energy?