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Liberals Set to Announce New Climate Policy After Heated Talks

UPDATE: The Liberal Party is on the brink of unveiling a transformative climate change and energy policy following an intense marathon meeting of MPs and senators in Canberra today. A final decision is expected shortly after the shadow cabinet convenes on Thursday morning, with significant implications for Australia’s approach to carbon emissions.

The meeting, which included all 51 Liberal MPs and senators, revealed a growing consensus among party members to potentially abandon the current goal of achieving net zero emissions by 2050. Participants reported passionate discussions, highlighting the urgency and importance of energy and emissions reduction within the party. Opposition energy spokesman Dan Tehan confirmed the depth of the dialogue, stating, “There was very, very passionate discussions in the room, because energy and emissions reduction is an issue that everyone cares deeply about.”

As the pressure mounts on Opposition Leader Sussan Ley, who faces scrutiny regarding party unity, she described the meeting as “excellent” but refrained from clarifying whether her colleagues are aligned on the issue. With crucial decisions looming, the party is expected to announce a set of 10 guiding principles that will dictate their policy direction. This includes a commitment to maintaining a stable and affordable power supply while also implementing measures to reduce emissions.

Among the key proposals discussed are extending the life of aging coal power plants, lifting the ban on nuclear energy, and repealing certain Labor initiatives that Liberal MPs criticize as “sneaky carbon taxes.” While the party may still aim for net zero emissions, it is anticipated that they will revise their timeline significantly beyond the current 2050 target.

Once the policy is finalized, the Liberals will need to negotiate with their coalition partner, the Nationals, to reach a unified stance. A joint party room meeting is scheduled for Sunday, when both parties are expected to unveil a final agreement.

Former Prime Minister Tony Abbott, who once signed Australia onto the Paris climate agreement, expressed support for the Liberals’ new approach. “You should never put cutting emissions ahead of saving jobs, keeping industries and trying to make people’s cost of living affordable,” he told Sky News.

Liberal MP Melissa McIntosh from Western Sydney also voiced optimism, suggesting that the atmosphere during discussions favored abandoning the net zero goal. “It felt like in the room there was more people in agreement (with dumping net zero) than against,” she shared with ABC TV.

As the clock ticks down to the official announcement, all eyes are on the Liberal Party to see how their new climate policy will reshape Australia’s energy landscape and its approach to climate change. Stay tuned for updates as this story develops.

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