Document ID: chunk:federal_register_of_legislation:F2015L00320:reg:65
Version: federal_register_of_legislation:F2015L00320
Segment Type: reg
Provision Reference: reg 65
Character Range: 53576–55114

65  Carbon dioxide equivalent net abatement amount
 (1) If:
 (a) the reporting period is the first reporting period; or
 (b) the net abatement amount for the previous reporting period was zero or greater than zero;
  the carbon dioxide equivalent net abatement amount for the project in relation to a reporting period must be calculated using the following equation:
    Equation 36A

  Where:
  the carbon dioxide equivalent net abatement amount, in tonnes CO2-e, in reporting period .
  the net greenhouse gas emissions, in tonnes CO2-e, in the baseline scenario in reporting period —from Equation 17 or 17A.
  the net greenhouse gas emissions, in tonnes CO2-e, in the project scenario in reporting period —from Equation 35.
  0.1, being the leakage factor.

 (2) If the net abatement amount for the previous reporting period was less than zero, the net abatement amount must be calculated using the following formula:
    Equation 36B

  Where:
  the carbon dioxide equivalent net abatement amount, in tonnes CO2-e, in reporting period .
  the net greenhouse gas emissions, in tonnes CO2-e, in the baseline scenario in reporting period —from Equation 17 or 17A.
  the net greenhouse gas emissions, in tonnes CO2-e, in the project scenario in reporting period —from Equation 35.
  0.1, being the leakage factor.
  the carbon dioxide equivalent net abatement amount, in tonnes CO2-e, in the previous reporting period —from previous offsets report.

Part 5—Reporting, record keeping and monitoring requirements

Division 1—General