17DCrediting period for restarting biomethane displacement-only projects

17D Crediting period for restarting biomethane displacement-only projects

For paragraph 69(3)(b) and subparagraph 70(3)(d)(ii) of the Act, if an animal effluent management project is a restarting biomethane displacement-only project, the period specified is 12 years minus the length of time between:

(a) the start date of the first reporting period in which the project’s forerunner project first treated biogas by biogas upgrading to produce biomethane; and

(b) the end date of the crediting period of that forerunner project.

Note: Section 5 defines forerunner project for a restarting biomethane displacement-only project as having the meaning as given by paragraph 8F(a)

Part 4—Net abatement amounts

Division 1—Operation of this Part

18 Operation of this Part

For paragraph 106(1)(c) of the Act, this Part specifies the method for working out the carbon dioxide equivalent net abatement amount for a reporting period for an animal effluent management project that is an eligible offsets project.