Dear Director Policy & Strategy
NSW must not expand on federal emission reduction policies and increase red tape
The purpose of this letter is to share research and analysis conducted by the Institute of Public Affairs (IPA) with the NSW Environment Protection Authority (NSW EPA) as it conducts its consultation on proposed requirements for NSW’s large greenhouse gas emitters.
As part of the state’s pursuit of net zero emissions by 2050, the NSW EPA has proposed new rules targeting the reduction of greenhouse gas emission by NSW businesses. This includes imposing additional reporting requirements on businesses that emit more than 25,000 tonnes of CO2-e emissions per annum (directly and indirectly), and obligations to create and implement Climate Change Mitigation and Adaption Plans (CCMAPs) setting out facility-level emission reduction targets and plans to meet those targets.
IPA analysis finds the proposed emission reduction rules present a risk to energy security and NSW’s economic prosperity through excessive and duplicative regulations on Australian industries.
The NSW EPA proposed rules should be abandoned, and the policy of net zero by 2050, the interim emission reduction targets, and the Climate Change (Net Zero Future) Act 2023, must be repealed and abandoned.
