This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government
(Transcript of the speech, exactly as it was delivered)
Secretary of State Edward Davey said:
“It is crucial that everyone plays a part in tackling climate change and I warmly welcome all those companies and countries that have voluntarily committed to substantially reduce venting, leakage, and flaring of natural gas from oil and gas production operations. I urge others in the oil and gas sectors to do likewise.
“The UK is fully supportive of all or any action to reduce Short Lived Climate Pollutants which are a crucial complement to action on carbon dioxide and other pollutants. We are therefore fully committed to maximising the great potential of the CCAC to achieve additional emissions reductions.
“However, the climate benefits of this valuable work will count for little if we are unable to achieve sufficient ambition in the main UNFCCC negotiations and to limit global average temperature rise to below 2 degrees above pre-industrial levels. The most cost effective way to achieve this is though an international, legally binding agreement.”