Document ID: chunk:federal_register_of_legislation:F2015L00345:reg:73
Version: federal_register_of_legislation:F2015L00345
Segment Type: reg
Provision Reference: reg 73
Character Range: 94751–97123

73  Monitoring explanatory variables for sub‑method 3
 (1) This section applies if the project proponent for the project will use sub‑method 3 to calculate the abatement for a population in the project under Part 4.
 (2) The project proponent must monitor the explanatory variables (if any) the project proponent has chosen for the population for the purposes of using that sub‑method, using data collected by the project proponent or by a third party.
 (3) If the project proponent monitors the explanatory variable using data collected by the project proponent, the explanatory variable must be monitored as follows:
 (a) the variable must be measured accurately; and
 (b) the variable must be measured in accordance with industry practice (if any); and
 (c) the variable must be measured for each site in the population for all time periods in the crediting period for the project for which the site is part of the control group or treatment group in the population; and
 (d) if the variable is monitored from a place other than the site for which the variable is being monitored—the measurements for the variable must closely reflect the measurements that would be expected if the variable were monitored at the site.
Example: If the variable relates to weather, the place at which the variable is monitored must experience similar weather conditions to the site for which the variable is being monitored.
 (4) If the project proponent monitors the explanatory variable using data collected by a third party, the project proponent must use data about the variable:
 (a) that is collected accurately and in accordance with industry practice (if any); and
 (b) for each site in the population for all time periods in the crediting period for the project for which the site is part of the control group or treatment group in the population; and
 (c) if the data was collected at a place other than the site for which the variable is being monitored—that reflects, as closely as possible, the data that would be expected if the data were collected at the site.
 (5) However, there is no requirement to monitor the explanatory variable for a measurement period at sites in a population in the project if abatement for the population will not be calculated for that measurement period under Part 4.

Subdivision C—Consequences of failing to monitor the project as required