As part of the plan, the Greens will set a limit on remaining coal mining, develop a phase out strategy, reassess all current coal mining licences and approvals, and ensure that no compensation is payable to coal mining and fossil fuel and exploration companies.
The party will focus on putting an end to coal exports by 2020; impose ban on new coal mines and fossil fuel exploration; phase out of existing coal mines; transition package for effected workers and rehabilitation package for affected land and water.
Greens NSW MP John Kaye said: "We have responded to the scientific evidence that only a rapid transition out of fossil fuels can avoid dangerous global warming.
"All future coal extraction has to be held to less than 600 million tonnes, or about three years at current rates of mining.
"The Greens will continue to push for substantial increases in public funding for TAFE to provide retraining and transition support spending for affected communities and households."
According to a recent study in the journal Nature, scientists said that to limit global warming to 2°C, cumulative carbon emissions between until 2050 should be limited to around 1,100 gigatons of CO2 equivalent.
The study estimated that Australia should leave 95% of its coal reserves in the ground and this means NSW can mine a further 575 million tons of the 11.5 billion tons of recoverable coal reserves.