Authorizes regulation of greenhouse gas emissions under "Air Pollution Control Act (1954)" and "Global Warming Response Act."

This bill authorizes New Jersey to regulate greenhouse gas emissions under the existing Air Pollution Control Act (1954) and Global Warming Response Act (2007). It establishes a regulatory framework requiring major facilities (those emitting threshold levels of pollutants like CO2 or VOCs) to pay annual emission fees and submit yearly emissions reports. The bill defines key terms like "greenhouse gas" and "excess emissions" based on current law, aligning with statewide limits established in the 2007 act. It does not set new emissions targets but creates the mechanism for enforcing existing benchmarks through fees and reporting. The bill is procedural, focusing on enabling regulation rather than specific policy changes.