Carbon Credits (Carbon Farming Initiative—Industrial and Commercial Emissions Reduction) Methodology Determination 2021
33Declaration relating to non-compliance with minimum statistical requirements
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33 Declaration relating to non-compliance with minimum statistical requirements
(1) A regression baseline emissions model need not comply with subsection 32(1) (the minimum statistical requirements) if an independent measurement and verification professional has made a declaration that complies with this section declaring that:
(a) the regression baseline emissions model substantially complies with the minimum statistical requirements; and
(b) the areas of non-compliance with the minimum statistical requirements are not material to the integrity and accuracy of the regression baseline emissions model; and
(c) the regression baseline emissions model is satisfactory for the purposes of calculating the emissions abated by the implementation despite the model not fully meeting the minimum statistical requirements for the reasons outlined in the declaration.
(2) A declaration complies with this section if:
(a) the declaration is signed by the independent measurement and verification professional; and
(b) before signing the declaration, the independent measurement and verification professional had been provided with all the information about the relevant regression baseline emissions model reasonably required for the professional to be satisfied of the matters specified in paragraphs (1)(a) to (c); and
(c) the information provided was accurate and did not contain anything that is false or misleading in a material particular; and
(d) the project proponent obtained from the independent measurement and verification professional written evidence supporting the making of the declaration and calculations made for that purpose:
(i) at the same time as the signed declaration was provided to the project proponent by the independent measurement and verification professional; or
(ii) as soon as reasonably practicable after the declaration was provided but, in any event, before the end of the reporting period in which the implementation to which the declaration relates is completed; and
(e) the declaration is provided to the project proponent before the end of the reporting period in which the implementation to which it relates is completed.
(3) This section applies to a transferring IEFE project only for reporting periods that end after the transfer date.
Subdivision 3—Engineering baseline emissions model requirements
Note: This Subdivision imposes requirements relating to engineering baseline emissions models. Section 52 sets out how to calculate EBM,h,m using engineering baseline emission models.