Document ID: chunk:federal_register_of_legislation:F2015L00682:reg:95:p1
Version: federal_register_of_legislation:F2015L00682
Segment Type: reg
Provision Reference: reg 95 (pt 1/2)
Character Range: 124532–127202

95  Calculating closing carbon stock for a stratum based on PSP assessment
 (1) This section applies if a PSP assessment for a stratum is conducted in accordance with this determination.
 (2) The calculation of the closing carbon stock for a stratum for a reporting period in which a PSP assessment has been conducted within the stratum in accordance with this section must:
 (a) be carried out in accordance with Equation 6a; and
 (b) incorporate a standard error calculation in accordance with Equation 6b.
 (3) The closing carbon stock for a stratum for a reporting period in which a PSP assessment has been conducted within the stratum in accordance with this section is to be calculated using the following formula:
   Equation 6a

  where:
 =  closing carbon stock for the th stratum for the reporting period, in tonnes of CO2‑e (t CO2‑e).
 =  lower confidence bound for the weighted mean ratio of change in carbon stock for sample plots in the th stratum for the reporting period, calculated in accordance with Equation 8.
 =  closing carbon stock for the th stratum for the most recent previous reporting period where a full inventory was undertaken in tonnes of CO2‑e (t CO2‑e).
 =  land area in hectares (ha) occupied by the th stratum at the end of the reporting period.
 =  land area in hectares (ha) occupied by the th stratum at the end of the most recent previous reporting period where a full inventory was undertaken.

 (4) When calculating the closing carbon stock for a stratum for a reporting period in which a PSP assessment has been conducted in accordance with this section, the standard error must be calculated using the following formula:
   Equation 6b

  where:
 =  standard error for closing carbon stock for the th stratum for the reporting period, in tonnes of CO2‑e (t CO2‑e).
 =  standard error for closing carbon stock for the th stratum for the most recent previous reporting period where a full inventory was undertaken in tonnes of CO2‑e (t CO2‑e), calculated in accordance with Equation 5b.
 =  standard error for weighted mean ratio of change in PSP carbon stock for permanent sample plots in the th stratum for the reporting period, calculated in accordance with Equation 9b.
=   closing carbon stock for the th stratum for the most recent previous reporting period where a full inventory was undertaken in tonnes of CO2‑e (t CO2‑e).
 =  lower confidence bound for weighted mean ratio of change in PSP carbon stock for sample plots in the th stratum for the reporting period, calculated in accordance with Equation 8.
 =  land area in hectares (ha) occupied by the th stratum at the end of the current reporting period.
 =  land