Revises requirements for certain greenhouse gas emissions monitoring and reporting activities.

This bill revises New Jersey's requirements for monitoring and reporting greenhouse gas emissions. It directly affects fossil fuel companies (like refineries and pipelines), electricity generators (both in-state and imported), gas utilities, and any significant indirect emitters (such as hydrogen producers). Key provisions include requiring emissions reports to calculate global warming potential using a 20-year time horizon (not the standard 100-year), mandating annual reports published within six months of each year, and expanding reporting to include indirect greenhouse gases like nitrogen oxides. The Department of Environmental Protection must also contract with satellite technology for emissions monitoring and track progress toward the state's 2030 emissions reduction target set by Executive Order 274.