Calculators – More Details
Emissions Summary 12 March 2012
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PLEASE NOTE: THIS CALCULATION IS INTENDED TO PROVIDE ‘BALL PARK’ NUMBERS TO ALLOW USERS TO PUT THE ETS INTO CONTEXT. ALL FIGURES AND CALCULATIONS ARE BASED ON NATIONAL AVERAGES, AND MAY NOT EXACTLY MATCH THE EMISSION/SEQUESTRATION PROFILE OF YOUR PROPERTY.
FREE ALLOCATION
The agriculture sector can enter the scheme from 1 January 2011 for voluntary reporting and must report from 1 January 2012. The sector faces no liabilities until 2015. From 2015 a “free allocation” of credits will be supplied to the sector. The allocation is set at 90% of emissions per unit of product in a baseline multiplied by product output. The baseline is a year or years yet to be set and will be the average emissions per unit of product over that period. From 2016 the free allocation drops by 1.3% per annum.
OTHER NOTES
The calculation does NOT include emissions from energy use or other purchases, as many emission liabilities are already accounted for in the retail costs:
- Petrol, Diesel, Electricity
- LPG
- Fertiliser
If you would like to calculate emission values for these items, and learn how to reduce them, click here for more.
This calculation works out the tonnes of Carbon Dioxide equivalent (tCO2e) from animals on your property. Working with national averages, it takes into account:
- Methane (CH4) from manure management
- Nitrous Oxide (N2O) direct emissions from manure lagoons
- Nitrous Oxide (N2O) indirect emissions from Ag. soils volatised/leached – excreted Nitrogen
As they are not considered under the NZ ETS scheme or under New Zealand’s obligations under the Kyoto Protocol, the calculation does NOT account for Carbon dioxide (CO2) sequestered by milk, meat or grass.
Costs of compliance for example; proving that your forestry activities comply and qualify are NOT included in the calculation. More information on compliance can be found here.