The Liberals have dumped a commitment to achieving net-zero emissions by 2050 as Sussan Ley pledges to drive down energy prices for households.

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The opposition leader announced her party's climate policy, promising to scrap the target in addition to removing Labor's legislated 43 per cent emissions reduction by 2030 if elected at the next federal election.

The decision follows a shadow cabinet meeting and weeks of division over the issue, which has intensified pressure on Ms Ley's leadership.

"The Liberal Party I lead will not stand by and let Australians get crushed by these high power prices," she told reporters in Canberra on Thursday.

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