Document ID: chunk:federal_register_of_legislation:F2015L00320:reg:35
Version: federal_register_of_legislation:F2015L00320
Segment Type: reg
Provision Reference: reg 35
Character Range: 25471–26640

35  Calculating carbon stock in harvested wood products in existence at end of crediting period—conservative estimate
 (1) For each harvested wood product extracted from each land parcel, a conservative estimate of the carbon stock in the harvested wood product in existence at the end of the crediting period must be made in accordance with this section.
Note The conservative estimate takes the higher of the values calculated using Equation 9 and 10. This is conservative because the more carbon stock exists at the end of the crediting period, the lower the emissions in the baseline and therefore the lower the emissions that have been avoided in the project scenario.
 (2) If the value calculated using Equation 9 is greater or equal to the value calculated using Equation 10, the carbon stock in the harvested wood product in existence at the end of the crediting period () is the value calculated using Equation 9 ().
 (3) If the value calculated using Equation 9 is less than the value calculated using Equation10, the carbon stock in the harvested wood product in existence at the end of the crediting period () is the value calculated using Equation 10 ().