[§342B-72]  Greenhouse gasemissions limits; rules.  (a)  Before December 31, 2011, the director shalladopt rules pursuant to chapter 91:

(1)  Establishing greenhouse gas emission limitsapplicable to sources or categories of sources, to be achieved by January 1,2020, and establishing emission reduction measures to achieve the maximum practicallyand technically feasible and cost-effective reductions in greenhouse gasemissions in furtherance of achieving the statewide greenhouse gas emissionslimit; and

(2)  Requiring the reporting and verification ofstatewide greenhouse gas emissions and to monitor and enforce compliance withthis part,

to become operative beginning on January 1, 2012.

(b)  The director, to the extent feasible toachieve the statewide greenhouse gas emissions limit, shall adopt rules pursuantto chapter 91 and this section based upon the recommendations and findings ofthe work plan created pursuant to section 6 of Act 234, Session Laws of Hawaii2007.

(c)  Any rule adopted by the director pursuantto this section shall ensure all of the following:

(1)  The greenhouse gas emission reductions achievedare real, permanent, quantifiable, verifiable, and enforceable by the director;and

(2)  If applicable, the greenhouse gas emission reductionoccurs over the same time period and is equivalent in amount to any directemission reduction required pursuant to this part.

(d)  The director shall periodically review andupdate state emission reporting requirements and endeavor to make the requirementsconsistent with the requirements of international, federal, and other states'greenhouse gas emission reporting programs, as necessary.

(e)  After January 1, 2012, the director mayrevise rules adopted pursuant to this section and adopt additional rules tofurther this part. [L 2007, c 234, pt of §8]