Carbon Credits (Carbon Farming Initiative—Industrial and Commercial Emissions Reduction) Methodology Determination 2021
30Baseline emissions model must be revised each reporting period
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30 Baseline emissions model must be revised each reporting period
The baseline emissions model for an implementation must be revised each reporting period:
(a) to incorporate the electricity emissions factor (EFElec) in force at the end of the reporting period; or
(b) if an engineering baseline emissions model has been used and circumstances change such that one or more parameters or equations relevant to the model are no longer valid—to address those circumstances.
Note: In addition to the circumstances described in this section, a baseline emissions model may also be required to be revised from one reporting period to another based on subsection 37(3).
Subdivision 2—Regression baseline emissions model requirements
Note: This Subdivision imposes requirements relating to regression baseline emissions models. Section 51 sets out how to calculate EBM,h,m using regression baseline emission models.