Net emissions reduction targets

Not later than 1 year after the date of enactment of this Act, the Administrator of the Environmental Protection Agency (in this title referred to as the Administrator) shall promulgate annual net emissions reduction targets for each of calendar years 2030 through 2050, so as to ensure that the quantity of United States net greenhouse gas emissions— (1) in 2035, is at least 52 percent below the quantity of such emissions in 2005; and (2) in 2050, is zero.