Section 56 - Carbon Credits (Carbon Farming Initiative—Industrial and Commercial Emissions Reduction) Methodology Determination 2021 - Accuracy factor

56Accuracy factor

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56 Accuracy factor

(1) The accuracy factor for implementation h for a reporting period is worked out using the following table.

Accuracy factors
Item Relative precision of the emissions abated by implementation h for the reporting period at 95% confidence level Accuracy factor
1 less than 25% 1.0
2 25% to 200% The factor AFh calculated under subsection (2)
3 greater than 200% 0

(2) The factor AFh is worked out using the formula (equation 31):

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AFh means the accuracy factor for implementation h for a reporting period.

RPA,h means the relative precision of the emissions abated by implementation h for the reporting period, calculated using equation 28.

(3) For subsection (1), the relative precision of the emissions abated by implementation h for the reporting period at 95% confidence level, worked out using equation 28, should be rounded to the nearest whole percentage (rounding up if the first decimal place is 5 or more).

Part 5—Reporting, record‑keeping and monitoring requirements

Division 1—Offsets report requirements

57 Operation of this Division

For paragraph 106(3)(a) of the Act, this Division sets out information that must be included in an offsets project report about an industrial and commercial emissions reduction project that is an eligible offsets project.