Rules for cutting greenhouse gas emissions

(a) Before December 31, 2011, the director shall adopt rules pursuant to chapter 91: (1) Establishing greenhouse gas emission limits applicable to sources or categories of sources, to be achieved by January 1, 2020, and establishing emission reduction measures to achieve the maximum practically and technically feasible and cost-effective reductions in greenhouse gas emissions in furtherance of achieving the statewide greenhouse gas emissions limit; and (2) Requiring the reporting and verification of statewide greenhouse gas emissions and to monitor and enforce compliance with this part, to become operative beginning on January 1, 2012. (b) The director, to the extent feasible to achieve the statewide greenhouse gas emissions limit, shall adopt rules pursuant to chapter 91 and this section based upon the recommendations and findings of the work plan created pursuant to section 6 of Act 234, Session Laws of Hawaii 2007. (c) Any rule adopted by the director pursuant to this section shall ensure all of the following: (1) The greenhouse gas emission reductions achieved are real, permanent, quantifiable, verifiable, and enforceable by the director; and (2) If applicable, the greenhouse gas emission reduction occurs over the same time period and is equivalent in amount to any direct emission reduction required pursuant to this part. (d) The director shall periodically review and update state emission reporting requirements and endeavor to make the requirements consistent with the requirements of international, federal, and other states' greenhouse gas emission reporting programs, as necessary. (e) After January 1, 2012, the director may revise rules adopted pursuant to this section and adopt additional rules to further this part.