The plan aims to enhance the prosperity and quality of life of the people of NSW, while helping the state to deliver a 35% cut in emissions by 2030 compared to 2005 levels. The plan will support a range of initiatives targeting electricity and energy efficiency, electric vehicles, hydrogen, primary industries, coal innovation, organic waste and carbon financing.
Under the plan, businesses will be supported to modernise their plant and increase productivity, while farmers will have access to new markets and technologies. The plan will also help to drive down the cost of living and provide consumers with more information to help them make more environmentally and financially sustainable choices.
The implementation of the Net Zero Plan, together with the NSW Electricity Strategy, will result in more than $11.6 billion of new investment for NSW, including $7 billion in regional NSW. This will support the creation of almost 2400 new jobs, including 1700 jobs located in the regions.Read the Net Zero Plan Stage 1: 2020–2030 (PDF 6.9MB).