Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Australia’s Conservative Opposition Ditches Net-Zero Goal

November 13, 2025

India’s Oil Demand Projected to Surge 37% by 2035, Says IEA, ETEnergyworld

November 13, 2025

ESG Compliance Platform GreenFi Raises $2 Million

November 13, 2025
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Malcolm Turnbull accuses Liberals of ‘Trumpian campaign against renewables’ after party dumps net zero | Liberal party
Climate Commitments

Malcolm Turnbull accuses Liberals of ‘Trumpian campaign against renewables’ after party dumps net zero | Liberal party

omc_adminBy omc_adminNovember 13, 2025No Comments5 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


The former Liberal prime minister Malcolm Turnbull says his party’s decision to dump a net zero emissions target shows it “does not take climate change seriously”, accusing the opposition of “a Trumpian campaign against renewables.”

But while moderate sources are alarmed about the impact on winning back or retaining urban electorates, and climate groups called the backflip a “disaster”, the Liberal decision to scrap their own 2050 target and unwind Labor’s 2035 and renewable energy pledges has been praised by conservative MPs and campaigners.

Turnbull, unseated by right-wing MPs in a 2018 party room coup partly over energy and climate policy, told Guardian Australia: “this is what happens when you outsource your policy development to Sky News and the right wing media echo chamber.”

“The Liberals’ decision to abandon the 2050 net zero target will simply confirm to most Australians that the parliamentary party does not take climate change seriously and wants to join a Trumpian campaign against renewables,” Turnbull said.

“No amount of nuance or qualifying footnotes will change that impression. They have the memory of goldfish and the dining habits of piranhas.”

The move was warmly welcomed by right-wing campaign group Advance, which has pushed the Coalition to ditch net zero, including rallying its members to bombard Liberal MPs with messages. Advance’s director Matthew Sheahan emailed supporters to call the shift “a major victory in the fight to take back the country from the activists and elites.”

Nationals leader David Littleproud claimed the Liberal policy “mirrors” his own party’s position and said he was optimistic about upcoming negotiations with Liberal MPs to settle a unified Coalition position.

“We believe in climate change. We believe that we need to do something about it. That we should do our fair share,” he said.

Liberal MP Leon Rebello told Guardian Australia the Coalition believed they had social licence to abandon the targets. Conservative Queensland MP, Garth Hamilton, called it a “great win from the backbench”.

Hamilton, who has previously backed Andrew Hastie for the Liberal leadership, foreshadowed that immigration may emerge as the next contentious policy challenge.

“I hope we deal with immigration a lot better,” he said.

Environmental groups were aghast at the change. The Australian Conservation Foundation accused the Liberals of having “given up on climate action, caved to global fossil fuel giants and condemned Australians to” extreme weather events through climate change. Despite Ley saying the Liberals backed the Paris agreement’s intent to limit global temperature rises, the Climate Council said “walking away from net zero aligns with more than 3°C of global heating and would spell disaster for Australia’s climate, economy and household bills”.

The shift is seen as a major internal victory for right-wing Liberal MPs over the moderate faction. Key moderates like Tim Wilson, Andrew Bragg, Maria Kovacic and Dave Sharma had raised alarm over the electoral repercussions of dumping the target.

Jason Falinski, former Liberal MP and New South Wales branch president, had warned his party against going “Nationals-lite”. He told Guardian Australia on Thursday: “I look forward to understanding how this wins us more votes.”

Charlotte Mortlock, founder of Hilma’s network, a group to recruit Liberal women, was scathing of the decision. She told ABC TV it would make it difficult for the party to win back inner metropolitan seats.

skip past newsletter promotion

Sign up to Breaking News Australia

Get the most important news as it breaks

Privacy Notice: Newsletters may contain information about charities, online ads, and content funded by outside parties. If you do not have an account, we will create a guest account for you on theguardian.com to send you this newsletter. You can complete full registration at any time. For more information about how we use your data see our Privacy Policy. We use Google reCaptcha to protect our website and the Google Privacy Policy and Terms of Service apply.

after newsletter promotion

“What I fear is the main takeaway is we are not taking climate change seriously,” she said.

“The Coalition has a chequered history on climate… at the moment there might be movement around net zero and climate change, but you either believe in climate change and want to pursue net zero or you want to abandon it.”

Multiple moderates told Guardian Australia they were broadly accepting of the position, which would “enable us to keep fighting” in metropolitan seats. One MP said moderates had negotiated in the meeting to keep the 2050 target, and while supportive of the position, described the result as “pretty brutal”.

Others raised concerns the break in bipartisan support of net zero, and the Coalition’s promise to wind back Labor’s climate incentives, would impact investor confidence.

Tony Wood, energy and climate change senior fellow at public policy think tank Grattan Institute, said business groups have been consistently calling for predictability and clarity around climate policy.

“The idea that Australia would no longer have a clear direction in the long-term, but we’re just going to ‘follow everybody else’ is not very helpful for investors,” he said.

“In what’s been proposed so far, I can’t see how it would reduce emissions, I don’t see how it would reduce prices either.”



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

World still on track for catastrophic 2.6C temperature rise, report finds | Environment

November 13, 2025

Western US states fail to agree on plan to manage Colorado River before federal deadline | Water

November 12, 2025

The Liberals’ so-called ‘founding principles’ underpinning their decision to dump net zero fail the credibility test | Australian politics

November 12, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

LPG sales grow 5.1% in FY25, 43.6 lakh new customers enrolled, ET EnergyWorld

May 16, 20255 Views

South Sudan on edge as Sudan’s war threatens vital oil industry | Sudan war News

May 21, 20254 Views

Trump’s 100 days, AI bubble, volatility: Market Takeaways

December 16, 20072 Views
Don't Miss

Trump Administration grants Texas primacy over Class VI CO₂ storage wells

By omc_adminNovember 13, 2025

The U.S. Environmental Protection Agency (EPA) has approved Texas’ application for primary enforcement authority over…

Unique Group, DEEP unveil next-gen subsea habitat for ocean research

November 12, 2025

The Sustainability Counter-Revolution: How Systems Learn to Resist Change

November 12, 2025

Vista targets shale production surge as Argentina’s Milei advances energy reforms

November 12, 2025
Top Trending

ESG Compliance Platform GreenFi Raises $2 Million

By omc_adminNovember 13, 2025

Malcolm Turnbull accuses Liberals of ‘Trumpian campaign against renewables’ after party dumps net zero | Liberal party

By omc_adminNovember 13, 2025

World still on track for catastrophic 2.6C temperature rise, report finds | Environment

By omc_adminNovember 13, 2025
Most Popular

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 20259 Views

‘Looksmaxxing’ on ChatGPT Rated Me a ‘Mid-Tier Becky.’ Be Careful.

June 3, 20254 Views

Ring Founder on ‘Tough Day’ of AWS Outage: ‘We Got Through It’

October 24, 20252 Views
Our Picks

TotalEnergies Reportedly Reviewing Options for Asian RE Assets

November 13, 2025

Scotland’s 1st Commercial Wind Farm Revived with 79 MW Capacity

November 13, 2025

TGS, Viridien seismic results give U.S. Gulf exploration edge before December lease sale

November 12, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.