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Coalition Unveils Climate-Energy Plan Centering Power Prices, Ditches Binding Targets

Leaders pitch a technology-led approach with a neutral support scheme plus expanded gas to cut bills.

Overview

  • After joint partyroom talks, the Opposition presented a policy that prioritizes affordability over mandated emissions cuts and removes concrete long-term goals.
  • The plan would strip emissions reduction from AEMO’s objective to refocus market planning on price, reliability, safety, quality and security of supply.
  • A new technology‑neutral Affordable Electricity Scheme would underwrite new and existing generation, prevent premature closure of reliable plants and amend the Climate Change Act to enshrine the framework.
  • Gas development features prominently with streamlined approvals, an expanded CEFC mandate for gas delivery, potential east‑coast reservation and exploration across Beetaloo, Narrabri, Barossa, Browse, Cooper and Scarborough.
  • The Coalition would rescind four designated offshore wind zones, review Capacity Investment Scheme and Rewiring the Nation contracts not at final investment decision, and scrap or oppose measures under the Safeguard Mechanism, new vehicle penalties and carbon border adjustments while declining to outline NDCs in opposition.