HEPBURN SHIRE Z-NET EMISSIONS PROFILE Emissions pathway with Z-NET options tonnes of carbon (CO2-e) per annum 100,000 200,000 300,000 2021 2024 2018 2029 Reduction targetof 296,300 tCO2-eby 2029 Baseline emissionsof 262,000 tCO2-ein 2018 0 END OF PHASE I END OF PHASE II END OF PHASE III ZNET BASELINE PROJECTED NETEMISSIONS IN TONNES OF CARBON FOR HEPBURN SHIRE WITH Z-NET ACTIONS PROJECTED EMISSIONS ABATEMENT IN TONNES OF CARBON FROM Z-NET ACTIONS BUSINESS AS USUAL EMISSIONS ZERO NETEMISSIONS