World Economy

Climate Deal Must Not Hit Economy

Climate Deal Must Not Hit EconomyClimate Deal Must Not Hit Economy

Australian Prime Minister Tony Abbott on Wednesday backed an “effective” climate pact being struck at global talks in France next year, but warned it could not come at the expense of the economy or jobs.French President Francois Hollande, on a state visit to Australia, also laid out his aim of seeking the worldwide, binding agreement in Paris after world leaders failed to agree new curbs in Copenhagen in 2009.“Yes, each country has to do its bit to tackle the emissions problem,” Abbott said, “We need a strong and effective agreement from Paris next year.”