Opposition Leader Sussan Ley has dismissed suggestions the Nationals are dictating coalition policy after the Liberals followed their lead and ditched net zero by 2050 climate targets.

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The Liberals on Thursday unveiled new climate policy that jettisons 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 partyroom meeting on Sunday to determine the final

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