Carbon Credits (Carbon Farming Initiative—Reforestation and Afforestation 2.0) Methodology Determination 2015
87Calculating the carbon dioxide equivalent net abatement amount
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87 Calculating the carbon dioxide equivalent net abatement amount
(1) The carbon dioxide equivalent net abatement amount for a project must:
(a) be calculated accordance with this section; and
(b) incorporate an assessment of uncertainty, calculated in accordance with Equation 1c.
(2) If:
(a) the reporting period is the first reporting period; or
(b) the net abatement amount for the previous reporting period was zero or greater than zero;
the carbon dioxide equivalent net abatement amount for a project is to be calculated for a reporting period using the following formula:
| | Equation 1a |
| = | net abatement amount for a project for the reporting period, in tonnes of CO2‑e (t CO2‑e). |
|---|---|
| = | carbon stock change for a project for the reporting period in tonnes of CO2‑e (t CO2‑e), calculated in accordance with Equation 2a. |
| = | project emissions for the reporting period in tonnes of CO2‑e (t CO2‑e), calculated in accordance with Equation 23a. |
(3) If the net abatement amount for the previous reporting period was less than zero, the net abatement amount must be calculated using the following formula:
| | Equation 1b |
| = | net abatement amount for a project for the reporting period, in tonnes of CO2‑e (t CO2‑e). |
|---|---|
| = | carbon stock change for a project for the reporting period in tonnes of CO2‑e (t CO2‑e), calculated in accordance with Equation 2a. |
| = | project emissions for the reporting period in tonnes of CO2‑e (t CO2‑e), calculated in accordance with Equation 23a. |
| = | net abatement amount for a project for the previous reporting period, in tonnes of CO2‑e (t CO2‑e)—from previous offsets report. |