11Baseline emissions number for existing facility

11 Baseline emissions number for existing facility

(1) The baseline emissions number for an existing facility (other than a landfill facility) for a financial year is the number worked out using the following formula: A formula to work out the baseline emissions number for an existing facility (other than a landfill facility) for a financial year where:

ERC is the emissions reduction contribution for the facility for the financial year.

p is a production variable for the facility for the financial year.

h is the transition proportion for the financial year.

EI, in relation to a production variable for the facility for the financial year, is the default emissions intensity number of the production variable for the financial year.

Note: The default emissions intensity number of tonnes of reservoir carbon dioxide from new gas fields is zero (see section 35A of Schedule 1).

EIF, in relation to a production variable for the facility for the financial year, is:

(a) if an emissions intensity determination that applies in relation to the facility for the financial year specifies a facility‑specific emissions intensity number of the production variable—that number; or
(b) otherwise—0.

Q, in relation to a production variable for the facility for the financial year, is:

(a) if an emissions intensity determination that applies in relation to the facility for the financial year specifies a facility‑specific emissions intensity number of the production variable—the quantity of the production variable for the facility for the financial year; or
(b) otherwise—0.

EIB, in relation to a production variable for the facility for the financial year, is:

(a) if there is a best practice emissions intensity number for the production variable for the financial year—that number; or
(b) if there is no best practice emissions intensity number for the production variable for the financial year, and the production variable is a historical production variable for the facility—zero; or
(c) otherwise—the default emissions intensity number for the production variable for the financial year.

Note: The best practice emissions intensity number of tonnes of reservoir carbon dioxide from new gas fields is zero (see section 35A of Schedule 1).