“emissions intensity benchmark” means the result of the measurement in respect of an activity that creates greenhouse gas emissions-

(a)     expressed as a predetermined value of the quantity of specified greenhouse gas emissions;

(b)     in relation to an activity that is differentiated from other activities by means of a product, a type of fuel or a technology; and

(c)     compared against the quantity of greenhouse gas emissions,

in relation to an identical activity undertaken by another person;