Former prime minister Malcolm Turnbull says the Liberals have the "memory of goldfish and diet of piranhas" after dumping net zero by 2050.

Opposition Leader Sussan Ley was also up on ABC News Breakfast this morning where she's been asked if dumping net zero could damage Australia's global reputation.

The opposition leader has brushed aside that question and says the Liberal Party is proposing to remain in the Paris Agreement.

Ley says Labor's climate targets are unachievable because Australia is cutting emissions twice as fast as the developed world.

"In order to get to the 2050 target we will have to double that again. So what that will cost has been estimated, well, it's $75 billion so far. It's estimated to be over $500 billion just to get to the 2035 target," Ley says.

"Meanwhile, you've got emissions flatlining, power prices going up and a country where we don't make things anymore," she says.

Asked how the Liberals would reduce power prices, Ley says, "we need to step on the gas".

https://www.abc.net.au/news/2025-11-14/federal-politics-live-blog-nov-14/106007334

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