Carbon Credits (Carbon Farming Initiative—Measurement of Soil Carbon Sequestration in Agricultural Systems) Methodology Determination 2018
44Creditable change in soil organic carbon for a project area for a reporting period
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44 Creditable change in soil organic carbon for a project area for a reporting period
The View image in the official sourcein tonnes of CO2-e, is given by the following equation:
| View image in the official source<br> | equation 43 |
View image in the official source is the value for View image in the official source, in tonnes of CO2-e, given by equation 42.
View image in the official source is the number of previous reporting periods.
View image in the official source is the value for View image in the official source, in tonnes of CO2-e, given by equation 43 or equation 30 for the project area for each previous reporting period pRP, in tonnes of CO2-e.
RC is the total number of Australian carbon credits relinquished:
(a) in relation to a CEA removed from the project area at or before the start of the reporting period in tonnes of CO2-e; and
Note: The ability to remove CEAs from a project area is limited by subsection 9(4) and any credits issued for the CEA would need to be relinquished to allow the Regulator to approve the variation to the project area.
(b) in relation to the project area and a notice issued by the Regulator under sections 90 or 91 of the Act if at least three sampling rounds included in the offsets report for the reporting period have been conducted since the date of the notice.
Note: Section 90 and 91 of the Act relate to certain reversals of removals of sequestered carbon. After three more sampling rounds are undertaken, the View image in the official source should have taken into account the impact of the reversal on the project area and subsequent increases in carbon stock can be credited.