Document ID: chunk:federal_register_of_legislation:F2022C00227:reg:15
Version: federal_register_of_legislation:F2022C00227
Segment Type: reg
Provision Reference: reg 15
Character Range: 54118–56158

15  Net conversion abatement amount

       (1A)  The carbon dioxide equivalent net conversion abatement amount for a reporting period, Aconversion (in tonnes CO2-e), is worked out using the formula (equation 1B):

        where:

       Aconversion is the carbon dioxide equivalent net conversion abatement amount for the reporting period, in tonnes CO2-e.

       t is a project treatment facility.

       Aconversion,t  is the carbon dioxide equivalent net conversion abatement amount for project treatment facility t for the reporting period, in tonnes CO2-e, worked out using equation 1B (section 15).

       (1) The carbon dioxide equivalent net abatement amount for the reporting period, Aconversion,t (in tonnes CO2-e) is worked out using the formula (equation 1):

       where:

       Aconversion,t is:
          (a) if the carbon dioxide equivalent net conversion abatement amount for project treatment facility t for the reporting period, in tonnes CO2-e, is greater than or equal to zero—that amount; or
          (b) if that amount is less than zero—zero.

       t is a project treatment facility.

       EB,t means the baseline emissions for project treatment facility t for the reporting period, in tonnes CO2-e, worked out in accordance with section 18.

       EP, conversion,t means the project emissions for project treatment facility t for the reporting period, in tonnes CO2-e, worked out using equation 11 (section 32).

       (2) If, during the reporting period, a project treatment facility:
          (a) sends biogas to a biogas upgrading system; and
          (b) either:
 (i) the biogas is used for a purpose other than biogas upgrading to produce biomethane that can reasonably be expected to be combusted within Australia as a natural gas substitute; or
 (ii) the biomethane produced from biogas upgrading cannot be reasonably expected to be combusted within Australia as a natural gas substitute;

        Aconversion,t is taken to be zero.

Subdivision 3—Project treatment facility baseline emissions