Carbon Credits (Carbon Farming Initiative—Industrial and Commercial Emissions Reduction) Methodology Determination 2021
29New baseline emissions model may be developed for subsequent reporting periods
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29 New baseline emissions model may be developed for subsequent reporting periods
(1) The project proponent may develop a new baseline emissions model for an implementation for the purposes of any reporting period after the first reporting period for the project.
(2) In developing the new baseline emissions model, the project proponent:
(a) may choose a new baseline measurement period in accordance with section 22; and
(b) may choose different relevant variables in accordance with section 26.
(3) If a project proponent uses a baseline emissions model to calculate the modelled baseline emissions for an implementation in an eligible measurement time interval in a reporting period for the project, they must use the same baseline emissions model to calculate the modelled baseline emissions for that implementation in each eligible measurement time interval for that reporting period.
(4) The statistical tests and approaches used to identify outliers for the purpose of developing a baseline emissions model for an implementation must be used to identify outliers for each baseline emissions model subsequently developed for the implementation.
(5) This section applies to a transferring IEFE project as if the reference in subsection (1) to the first reporting period for a project is a reference to the first reporting period for the project ending after the transfer date.