Liberal members are still committed to action on climate change, the opposition leader says, despite the party choosing to dump a net zero emissions by 2050 target from its platform.

The Liberals on Thursday unveiled a new climate policy that jettisoned the party's commitment to net-zero targets, with more taxpayer money poured into coal and gas power plants.

The party also committed to reduce emissions on average year-on-year, while scrapping legislated targets put in place by the Labor government.

Negotiations over the climate policy will continue over coming days before a joint coalition party room meeting on Sunday to determine the final position.

Ms Ley said emission reduction efforts would be in line with comparable countries, even though net zero was being dumped.

"We care abou

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