9Targets for reducing net greenhouse gas emissions

9 Targets for reducing net greenhouse gas emissions

9 Targets for reducing net greenhouse gas emissions

(1) The targets for reducing net greenhouse gas emissions in New South Wales are—

(a) by 30 June 2030—to reduce net greenhouse gas emissions in New South Wales by at least 50% from the net greenhouse gas emissions in 2005, and

(b) by 30 June 2035—to reduce net greenhouse gas emissions in New South Wales by at least 70% from the net greenhouse gas emissions in 2005, and

(c) by 30 June 2050—to reduce net greenhouse gas emissions in New South Wales to zero.

(2) The regulations may—

(a) adjust a date in subsection (1) by prescribing an earlier date, and

(b) adjust a percentage in subsection (1) by prescribing a higher percentage.

(3) The regulations must prescribe an interim target to reduce net greenhouse gas emissions in New South Wales for each of the following—

(a) 30 June 2040,

(b) 30 June 2045.

(4) An interim target must specify a reduction that is greater than—

(a) for 30 June 2040—the 30 June 2035 target, and

(b) for 30 June 2045—the 30 June 2040 target.

(5) The regulations may make provision about the following—

(a) implementing primary targets and interim targets,

(b) setting interim targets in addition to the interim targets in subsection (3),

(c) other matters relating to primary targets and interim targets, including imposing functions on the Commission in relation to the targets,

(d) calculating and assessing greenhouse gas emissions, including by—

(i) providing for a person to calculate or assess greenhouse gas emissions, and

(ii) adopting documents in force from time to time.

(6) The regulations may prescribe requirements for giving advance notice about interim targets.