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Method and system for banking and exchanging emission reduction credits

  • US 20020143693A1
  • Filed: 11/01/2001
  • Published: 10/03/2002
  • Est. Priority Date: 11/01/2000
  • Status: Active Grant
First Claim
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1. A method for registration of carbon sinks comprising renewable energy and emission reduction systems, wherein a carbon sink represents an asset in an account, the method comprising:

  • (a) receiving information to identify a customer account;

    (b) receiving input to identify type of carbon sink;

    (c) receiving input data used to calculate emission reduction provided by the carbon sink;

    (d) calculating an emission reduction credit (ERC) value representative of the renewable energy and emission reduction provided by the carbon sink;

    (e) crediting a percentage of the ERC value to the customer account.

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