Labor to announce net zero emissions target by 2050 and will oppose taxpayer funding of new coal power

Exclusive: Anthony Albanese is expected to confirm in speech on Friday that Labor will oppose using Kyoto carryover credits

Labor has locked in behind a target of net zero emissions by 2050, and will oppose taxpayer funding of new coal-fired power plants, in the party's first major decisions about climate policy for the next federal election.

As well as adopting the clear 2050 target that Scott Morrison appears reluctant to sign up to, in part because of rolling combat within the Coalition, Guardian Australia understands shadow cabinet has also decided to oppose using carryover credits from the Kyoto period to meet future emissions reduction targets.