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Article 15 Estimated reduction in carbon emissions

Original text. Later amendments are not shown.

(1)

The Authority must estimate the reduction in carbon emissions for an action which it approves as a qualifying action.

(2)

To estimate the reduction for a standard action, the Authority must apply to that action the appropriate carbon co-efficient values set out in Schedule 3.

(3)

To estimate the reduction for a market transformation action, the Authority must—

(a)

apply to that action the appropriate carbon co-efficient values set out in Schedule 3; and

(b)

increase the reduction in carbon emissions expected to be achieved by that action by 50%.

(4)

To estimate the reduction for a priority group flexibility action, the Authority must do so in accordance with article 20 as if the reduction in carbon emissions expected to be achieved by such action is achieved.

(5)

To estimate the reduction for a demonstration action, the Authority must use the formula in article 21.

(6)

The Authority must notify a supplier of the estimates it makes under this article.