Federal Opposition Leader Sussan Ley says the coalition’s new emissions plan will prioritise affordable energy prices for households after the party formally abandoned its net zero by 2050 target.

The Liberals and Nationals on Sunday ditched the commitment, staving off a fight that threatened party unity as Ley sells a policy championed by her conservative rivals.

“We will prioritise affordable energy for households and businesses and this is just so important,” Ley said.

The new coalition approach to emissions sees targets scrapped entirely. Instead, net zero would be “a welcome outcome” with emission reductions pegged to the real performance of OECD countries.

The focus will be on power prices and reliability and security of supply.

“I look forward to getting out on the road and

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