; and (2) releases the first Public Lands Greenhouse Gas Reduction Strategic Plan as required under section 5. (b) Emission reduction targets The Secretary and the Chief shall reduce net emissions associated with the extraction and end-use combustion of fossil fuels produced from public lands in the United States to meet the following targets: (1) A reduction of net emissions of not less than 35 percent of the baseline identified in subsection (c) by January 1, 2025. (2) A reduction of net emissions of not less than 60 percent of the baseline identified in subsection (c) by January 1, 2030. (3) A reduction of net emissions of not less than 80 percent of the baseline identified in subsection (c) by January 1, 2035. (4) Net-zero emissions by January 1, 2040. (c) Baseline inventory of public lands greenhouse gas emissions and sinks The Secretary and the Chief shall use the 2014 estimate of greenhouse gas emissions and sinks as identified by the United States Geological Survey in Scientific Investigations Report 2018–5131, Federal Lands Greenhouse Gas Emissions and Sequestration in the United States: Estimates for 2005–14 , published on November 23, 2018, as the baseline when acting to meet the targets established in subsection (b). (d) Study examining avoided greenhouse gas emissions and carbon sequestration (1) In general Not later than 30 days after the date of enactment of this Act, the Secretary shall make appropriate arrangements with the National Academies under which the National Academies shall conduct a study that examines how the executive branch, including the Department of the Interior, the Department of Agriculture, the United States Forest Service, the National Oceanic and Atmospheric Administration, and the Executive Office of the President can meet the net emission reduction targets under subsection (b) by— (A) reducing total emissions; (B) deploying renewable energy projects on public lands