17The baseline emissions

17 The baseline emissions

(1) For each year in the reporting period and for each project area, the baseline emissions is the product of: (a) the baseline emissions intensity; and (b) the lint yield in that year in the reporting period; minus the variance discount, as specified in section 18. (2) In this section, the baseline emissions intensity, in t CO2-e per tonne of lint yield, of the project area is the amount calculated by: (a) for each year in the emissions intensity reference period in which information required under Divisions 3 and 4 of Part 5 is available and the lint yield is not zero:

Note: Subsection 11(5) requires the calculations in subsection 17(2) to be performed for each year in which information required under Divisions 3 and 4 of Part 5 is available and the lint yield is not zero.

(i) determining emissions, in t CO2\-e, from each of the emissions sources specified in section 16:
(A) for synthetic fertiliser—by using methods consistent with those used in the National Inventory Report; and
(B) for green manure when it is relevant to working out the carbon dioxide equivalent net abatement amount—by multiplying the emissions intensity of green manure residue, in t CO2\-e per hectare, calculated using methods consistent with those used in the National Inventory Report and assuming a yield of 2 tonnes of dry matter per hectare, by the number of hectares of green manure in the year; and
(ii) summing the amounts calculated in accordance with subparagraph (i); and
(iii) dividing the amount calculated in accordance with subparagraph (ii) by the lint yield of that year, in tonnes; and
(b) averaging the values obtained in accordance with subparagraph (2)(a)(iii).