New Zealand Legislation: Regulations

20 Calculation of carbon stock changes by post-1989 forest land participants

• (1) A post-1989 forest land participant must calculate the emissions or removals from each carbon accounting area covered by an emissions return for an emissions return period by subtracting the total tonnes of emissions from the sub-areas within the carbon accounting area for the period from the total tonnes of removals from the sub-areas within the carbon accounting area for the period.

  (2) A post-1989 forest land participant must calculate the emissions or removals from each sub-area within a carbon accounting area covered by an emissions return for the emissions return period by calculating the carbon stock change in that sub-area.

  (3) Carbon stock change must be calculated by determining the carbon stock for the sub-area at the beginning of the emissions return period (A) and the carbon stock of the sub-area at the end of the emissions return period (B), and subtracting A from B.

  (4) If the carbon stock change for a sub-area is—

  • (a) positive, the change is a removal; or

  • (b) negative, the change is an emission.