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Version of section 1000.22 from 2021-01-01 to 2022-09-22:
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•  (1) The Minister must calculate the amount of CO2 emissions, expressed in tonnes, required to be offset by a private operator or air operator for a given calendar year, without consideration of any reduction resulting from the use of CORSIA eligible fuels, using the following formula:

${\mathrm{%S}}_{y}x\left({\mathrm{OE}}_{y}x{\mathrm{SGF}}_{y}\right)+{\mathrm{%O}}_{y}x\left({\mathrm{OE}}_{y}x{\mathrm{OGF}}_{y}\right)$

where

%Sy
is the per cent sectoral for the given calendar year y, as indicated in subsection 1020.22(2) of the CORSIA Standard;
OEy
is the CO2 emissions from the operator’s flights referred to in subsection 1000.20(2) for the given calendar year y;
SGFy
is the sector’s growth factor for the given calendar year y referred to in subsection 1020.22(3) of the CORSIA Standard;
%Oy
is the per cent individual for the given calendar year y, as indicated in subsection 1020.22(2) of the CORSIA Standard; and
OGFy
is the operator’s growth factor for the given calendar year y, calculated in accordance with the formula set out in subsection (2).
• (2) The Minister must, taking into account the CO2 emissions set out in the verified emissions report submitted by the private operator or air operator, calculate the operator’s growth factor for a given calendar year using the following formula:

$\frac{\left({\mathrm{OE}}_{y}–{\mathrm{OE}}_{\mathrm{B,y}}\right)}{{\mathrm{OE}}_{y}}$

where

OEy
is the CO2 emissions from the operator’s flights referred to in subsection 1000.20(2) for the given calendar year y; and
OEB,y
is the value set out in subsection 1020.22(4) of the CORSIA Standard.
• (3) In the case of a new entrant, the Minister must not take into account the CO2 emissions produced by the new entrant during the shorter of the following periods:

• (a) the period beginning on the day on which the new entrant becomes subject to this Part and ending on January 1 of the third year after that day; and

• (b) the period beginning on the day on which the new entrant becomes subject to this Part and ending on December 31 of the year preceding the year during which the CO2 emissions from its flights referred to in subsection 1000.20(2) exceed the threshold set out in subsection 1020.22(1) of the CORSIA Standard.

• SOR/2018-240, s. 2
• SOR/2020-275, s. 2
Date modified:
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