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Australia’s Climate Goals Are Killing Its Economy

One of Australia’s largest energy companies is warning that the country’s commitment to the Paris Climate Accord is exacerbating its current energy crisis and risking the future of its economy.

Glencore head Peter Freyburg warned in a speech Wednesday that Australian businesses and investors are losing opportunity and confidence in the economy as Australia tightens regulations on energy in the midst of a fuel shortage, Bloomberg reported.

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