New Zealand Legislation: Regulations

6 Method of calculating emissions by obligation fuel participants

• (1) An obligation fuel participant must calculate the emissions for each type of obligation fuel in respect of which the participant carries out an activity listed in Part 2 of Schedule 3 of the Act in a year in accordance with the following formula:

  T = L × E

  where—

  T

  is the total emissions for the obligation fuel in tonnes

  L

  is the kilolitres of the obligation fuel in respect of which emissions are required to be calculated

  E

  is the emissions factor for the obligation fuel specified in the table set out in the Schedule.

  (2) For the purposes of subclause (1), L must be calculated as follows:

  L = (A + B) − (C + D + E)

  where—

  A

  is the net volume of the obligation fuel referred to in regulation 5(a) for the year

  B

  is the net volume of the obligation fuel referred to in regulation 5(b) for the year

  C

  is the net volume of the obligation fuel referred to in regulation 5(c) for the year

  D

  is—

  • (a) the net volume of the obligation fuel referred to in regulation 5(d) for the year if the obligation fuel is obligation jet fuel; or

  • (b) zero if the obligation fuel is not obligation jet fuel

  E

  is the net volume of the obligation fuel referred in regulation 5(e) for the year.

  (3) An annual emissions return submitted by an obligation fuel participant must record the participant’s total emissions from an activity listed in Part 2 of Schedule 3 of the Act in the relevant year, calculated by adding together the emissions for each type of obligation fuel calculated under subclause (1).

  (4) If an obligation fuel participant is required to submit an emissions return for a period other than a year, this regulation applies with any necessary modifications.

  (5) For the purposes of this regulation, a fraction of a kilolitre must be rounded up to the next whole kilolitre if the fraction is 50% or more of a kilolitre; otherwise the fraction of a kilolitre must be rounded down to the previous whole kilolitre.