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

This bill updates New Jersey's requirements for monitoring and reporting greenhouse gas emissions. It requires fossil fuel companies (like refineries and pipelines), electricity generators (including imported power), gas utilities, and other major emitters to annually report emissions using a 20-year time horizon for calculations - replacing the previous 100-year standard. The Department of Environmental Protection must also use satellite technology for monitoring and establish interim targets to meet the state's 2030 and 2050 emissions reduction goals. These changes ensure more timely tracking of emissions progress toward New Jersey's climate targets.