15Calculating an amount of covered emissions

15 Calculating an amount of covered emissions

(1) This section specifies requirements for the purposes of calculating an amount of covered emissions of greenhouse gases from the operation of a facility during a historical financial year. (2) The amount must be calculated: (a) in accordance with the NGER (Measurement) Determination; and (b) using the Global Warming Potentials specified for the relevant greenhouse gas in regulation 2.02 of the NGER Regulations; and (c) using the same method as the method (the most recent method) that was used in the most recent report provided to the Regulator relating to the greenhouse gas emissions from the operation of the facility. (3) For the purposes of paragraph (2)(c), if: (a) a report was provided to the Regulator relating to the greenhouse gas emissions from the operation of the facility during the historical financial year; and (b) the report used a method other than the most recent method; estimates and assumptions may be made for the purposes of using the most recent method to calculate the amount. (4) In this section:

method has the same meaning as in the NGER (Measurement) Determination.