The Liberal Party’s rejection of the net zero emissions by 2050 target marks a major turning point in the Coalition’s climate and energy policy.

Following the decision to drop the policy on Thursday, shadow energy minister Dan Tehan declared the party's new focus was squarely on delivering cheaper, more reliable power for Australian households.

While the Opposition did reject Labor’s net zero targets, the Liberal Party will maintain in-principle support for achieving net zero - without locking targets into law.

The Liberals also reaffirmed their commitment to the Paris Agreement, but only on the condition it does not drive-up energy prices.

Speaking to Sky News host Chris Kenny, Mr Tehan said the Liberals’ plan will be driven by “energy abundance”, arguing increasing the domestic suppl

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