Document ID: chunk:federal_register_of_legislation:F2015L00320:reg:45
Version: federal_register_of_legislation:F2015L00320
Segment Type: reg
Provision Reference: reg 45
Character Range: 31421–33445

45  Emissions before project commencement
 (1) This section applies if there is a land parcel in the project area with a harvest date earlier than project commencement.
 (2) The project proponent must calculate the greenhouse gas emissions before project commencement, in tonnes CO2-e, from all land parcels with harvest dates earlier than project commencement () by completing every relevant equation in this Part for those land parcels.
 (3) For the purposes of subsection (2):
 (a) where an equation contains the subscript , the project proponent must substitute  for , where  is the period between the Verified Carbon Standard project start date and project commencement; and
 (b) references to the reporting period are taken to be references to the period between the Verified Carbon Standard project start date and project commencement; and
 (c) the project proponent must provide the Regulator with the information prescribed by Division 2 in relation to each land parcel with a harvest date earlier than project commencement; and
 (d) the project proponent must not complete Equation 17; and
 (e) instead of completing Equation 17, the project proponent must complete the following equation:
  Equation 17A

  Where:
  the net greenhouse gas emissions, in tonnes CO2-e, in the period  between the Verified Carbon Standard project start date and project commencement.
  the loss of carbon stock, in tonnes C, from all land parcels over the crediting period—from Equation 16.
  the number of years in the crediting period.
  the number of years in the period  between the Verified Carbon Standard project start date and project commencement.

Note The factor  represents the ratio of molecular weights of carbon dioxide to carbon.
 (4) If the project proponent does not provide the Regulator with the information prescribed by Division 3.2 in relation to a land parcel with a harvest date earlier than project commencement, the value for  is zero.

Division 4—Calculating net project emissions

Subdivision 1—General