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NSW passes climate bill to write 70% by 2035 emissions reduction target into law

The New South Wales (NSW) Parliament has unanimously passed landmark legislation to enshrine the state's emissions reduction targets in law. The new law includes a target of 70% reduction in greenhouse gas emissions by 2035 compared to 2005 levels, with a further commitment to achieve net-zero emissions by 2050.

The legislation, known as the Climate Change (Net Zero Future) Bill 2023, also establishes an independent Net Zero Commission to monitor the state's progress and provide annual reports for transparency and accountability.

The collaborative effort, led by the Labor Minns government, received praise for bipartisan support and recognition of the economic opportunities in addressing climate change. The legislation is seen as a milestone in the shift to a clean, green energy system, although challenges may arise in decisions related to existing coal plants. The NSW Parliament has been celebrated for its multi-partisan approach to addressing climate change.

To read the full Renew Economy article click here




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