Document ID: chunk:federal_register_of_legislation:F2021C01057:reg:28:p1
Version: federal_register_of_legislation:F2021C01057
Segment Type: reg
Provision Reference: reg 28 (pt 1/2)
Character Range: 46696–49518

28  Net abatement amount
 (1) The carbon dioxide equivalent net abatement amount for a new electricity production project for the reporting period, in tonnes CO2‑e, is worked out:
 (a) if there has been no historic abatement—using subsection (2); or
 (b) if there has been historic abatement that is not material abatement—using subsection (3).

No historic abatement
 (2) The carbon dioxide equivalent net abatement amount for the new electricity production project for the reporting period, in tonnes CO2‑e, is worked out using the formula (equation 14):
where:
AN means the carbon dioxide equivalent net abatement amount for the new electricity production project, for the reporting period, in tonnes CO2‑e.
AP means the project emissions abated for the reporting period, in tonnes CO2‑e, worked out using equation 16.
AG means the displaced electricity emissions from electricity production in the reporting period, in tonnes CO2‑e, worked out using equation 28.

Historic abatement that is not material abatement
 (3) The carbon dioxide equivalent net abatement amount for the new electricity production project for the reporting period, in tonnes CO2‑e, is worked out using the formula (equation 15):
where:
AN means the carbon dioxide equivalent net abatement amount for the new electricity production project for the reporting period, in tonnes CO2‑e.
AP means the project emissions abated for the reporting period, in tonnes CO2‑e, worked out using equation 16.
AG means the displaced electricity emissions from electricity production in the reporting period, in tonnes CO2‑e, worked out using equation 28.
AH means the historic abatement from the conversion of the methane component of coal mine waste gas from the mine, in tonnes CO2‑e, worked out using equation 35.
T means the total number of days in the reporting period.
 (4) The project emissions abated for the reporting period, in tonnes CO2‑e, is worked out using the formula (equation 16):
where:
AP means the project emissions abated for the reporting period, in tonnes CO2‑e.
MCom means the volume of the methane component of coal mine waste gas converted by the project in the reporting period, in tonnes CO2‑e, worked out using equation 17.
EMD means the emissions from the methane component of coal mine waste gas converted by the project in the reporting period, in tonnes CO2‑e, worked out using equation 18.
EAn means the ancillary project emissions for the reporting period, in tonnes CO2‑e, worked out using equation 36.
 (5) The volume of the methane component of coal mine waste gas converted by the project in the reporting period, in tonnes CO2‑e, is worked out using the formula (equation 17):
where:
MCom means the volume of the methane component of coal mine waste gas converted by the project in the reporting period, in tonnes CO2‑e.