Document ID: chunk:federal_register_of_legislation:F2018L00562:clause:2_6
Version: federal_register_of_legislation:F2018L00562
Segment Type: clause
Provision Reference: sch 2 cl 6
Character Range: 99522–101521

6  Calculation of CSeq
 (1) For section 4 of this Schedule, CSeq is the portion of the difference between the project and baseline equilibrium fuel loads for a project area resulting from undertaking the project that is taken to have been achieved by the end of a particular calendar year, on the assumption that the equilibrium fuel loads increase or decrease linearly over the crediting period, and is given by the following equation:

  equation 15

  where:
LSeq is equal to the smaller of:
 (a) the length, in years, of the period between:
 (i) the start of the year in which a savanna sequestration project first commenced in the project area; and
 (ii) the end of the calendar year; and
 (b) the amount LCP,Seq.
L­CP,Seq is equal to:
 (a) for a continuing transferring project—the difference, in years, between:
 (i) the length of the crediting period; and
 (ii) the length of the period for which the project was reported on under the former determination or any other methodology determination;
  rounded down to the nearest whole number of calendar years; and
 (b) otherwise—the length of the crediting period, in years.
Note: There will ordinarily be 25 years in the crediting period. For the crediting period of certain projects that include a transferring project area, see section 28 of this determination.
 is the project equilibrium fuel load of carbon that is sequestered in dead organic matter for the project area, as calculated for the calendar year in accordance with section 7 of this Schedule, in tonnes CO2‑e.
 is the baseline equilibrium fuel load of carbon that is sequestered in dead organic matter for the project area, as calculated for the calendar year in accordance with section 7 of this Schedule, in tonnes CO2‑e.
 (2) For paragraph (a) of the definition of LCP,Seq in subsection (1), if the project to which the transferring project area previously belonged had 2 crediting periods as a result of subsection 70(2) of the Act, disregard the first crediting period.