Income Tax Act — I-3.3 127.48
Definitions 127.48 (1) The following definitions apply in this section. actual carbon intensity means the carbon intensity of hydrogen that is produced by a qualified clean hydrogen project of a taxpayer, based on the actual inputs to the production of hydrogen and actual emissions from the production of hydrogen by the project. ( intensité carbonique réelle ) average actual carbon intensity means, for the compliance period of a clean hydrogen project, the number determined by the formula ((A × B) + (C × D) + (E × F) + (G × H) + (I × J)) ÷ K where A is the actual carbon intensity of the project for the first operating year of the compliance period; B is the quantity, in kilograms, of hydrogen produced by the project in the first operating year of the compliance period; C is the actual carbon intensity of the project for the second operating year of the compliance period; D is the quantity, in kilograms, of hydrogen produced by the project in the second operating year of the compliance period; E is the actual carbon intensity of the project for the third operating year of the compliance period; F is the quantity, in kilograms, of hydrogen produced by the project in the third operating year of the compliance period; G is the actual carbon intensity of the project for the fourth operating year of the compliance period; H is the quantity, in kilograms, of hydrogen produced by the project in the fourth operating year of the compliance period; I is the actual carbon intensity of the project for the fifth operating year of the compliance period; J is the quantity, in kilograms, of hydrogen produced by the project in the fifth operating year of the compliance period; and K is the total quantity, in kilograms, of hydrogen produced by the project during the compliance period. ( intensité carbonique réelle moyenne ) captured carbon has the same meaning as in subsection 127.44(1). ( carbone capté ) carbon dioxide equivalent means the carbon dioxide emissions that would be required to produce a warming effect equivalent to the emissions of any specified greenhouse gas, as determined in accordance with the Clean Hydrogen Investment Tax Credit – Carbon Intensity Modelling Guidance Document published by the Government of Canada over an assessment period of 100 years. ( équivalent en dioxyde de carbone ) carbon intensity means the quantity in kilograms of carbon dioxide equivalent per kilogram of hydrogen produced. ( intensité carbonique ) CCUS process has the same meaning as in subsection 127.44(1). ( processus de CUSC ) CFR carbon intensity means carbon intensity as defined in subsection 1(1) of the Clean Fuel Regulations . ( intensité carbonique selon le RCP ) clean ammonia means ammonia produced from clean hydrogen. ( ammoniac propre ) clean ammonia equipment means equipment that is used solely for the purpose of producing ammonia, including equipment for (a) converting hydrogen into ammonia; (b) heat recovery and conversion; (c) nitrogen generation; (d) feed storage (unless the feed is stored hydrogen) and feed compression; and (e) on-site refrigeration, transportation and storage of ammonia. ( matériel pour ammoniac propre ) clean hydrogen means hydrogen produced, whether solely or in conjunction with other gases, that has a carbon intensity of less than four. ( hydrogène propre ) clean hydrogen project of a taxpayer means a project involving (a) the operation of eligible clean hydrogen property; (b) the production of clean hydrogen; and (c) if applicable, the production of clean ammonia that uses a feedstock of clean hydrogen produced by the project. ( projet pour l’hydrogène propre ) clean hydrogen project plan means a plan for a clean hydrogen project of a taxpayer that (a) includes a front-end engineering design study (or an equivalent study as determined by the Minister of Natural Resources) for the project; (b) sets out the expected sources of electricity to be consumed in connection with the project, including sources described in