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Liberals Drop 2050 Net-Zero Target, Stay in Paris Agreement

A negotiating team will forge a joint Coalition stance for presentation at a Sunday party-room meeting.

Overview

  • Opposition Leader Sussan Ley confirmed the party will remove the 2050 net-zero target from its platform after the shadow ministry concluded days of meetings.
  • Ley said that if elected, the Coalition would repeal Labor’s 43 percent by 2030 target and the net-zero by 2050 provisions from the Climate Change Act.
  • The Liberals will remain party to the Paris Agreement and say emissions cuts will be pursued in line with comparable countries under principles prioritising affordable, reliable energy.
  • A reported party-room tally showed around 28 speakers against retaining net zero and 17 in favour, with moderates allowed to describe reaching net zero as a welcome outcome.
  • Signalled policy elements include extending the life of coal plants, expanding gas, lifting the nuclear ban, and scrapping selected Labor measures framed as carbon taxes.