System and method for residential emissions trading

• US 20050192711A1
• Filed: 04/28/2005
• Published: 09/01/2005
• Est. Priority Date: 12/28/2001
• Status: Active Grant

• Current Assignee: Berlin Kenneth, Carlton Bartels, Elizabeth Arner Cavey, Franklin D. Raines, Jane Bartels, Michelle Desiderio, Robert J. Sahadi, Scott Lesmes
• Original Assignee: Berlin Kenneth, Carlton Bartels, Elizabeth Arner Cavey, Franklin D. Raines, Jane Bartels, Michelle Desiderio, Robert J. Sahadi, Scott Lesmes
• Inventors: Lesmes, Scott, Bartels, Jane, Desiderio, Michelle, Raines, Franklin D., Bartels, Carlton, Sahadi, Robert J., Berlin, Kenneth, Cavey, Elizabeth Arner
• Granted Patent: US 7,133,750 B2
• Time in Patent Office: Days
• US Class Current: 700/286
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 50/06 Energy or water supply
• CPC Class Codes: G06Q 90/00 Systems or methods specially adapted for administrative, commercial, financial, managerial or supervisory purposes, not involving significant data processing
• CPC Class Codes: H02J 3/008 involving trading of energy or energy transmission rights
• CPC Class Codes: Y02E 40/70 Smart grids as climate change mitigation technology in the energy generation sector
• CPC Class Codes: Y04S 10/50 Systems or methods supporting the power network operation or management, involving a certain degree of interaction with the load-side end user applications
• CPC Class Codes: Y04S 50/10 Energy trading, including energy flowing from end-user application to grid
• CPC Class Codes: Y04S 50/14 Marketing, i.e. market research and analysis, surveying, promotions, advertising, buyer profiling, customer management or rewards

Abstract

The present invention is directed to a method of residential emissions trading and a residential emissions trading commodity. In particular, an embodiment of the present invention is a method for identifying, quantifying, and aggregating reductions in residential emissions into a tradable commodity. The step of quantifying the emissions reduction may further comprise the steps of measuring an energy savings resulting from the energy savings opportunity and calculating the emissions reduction resulting from the energy savings. The method may further comprise the steps of verifying the quantification of the emissions reduction and monitoring the residential energy savings opportunities and the quantification of the emissions reduction.

Claims

1. A method for providing a residential emissions trading program, comprising the steps of:

identifying an energy savings opportunity in a residential property;

quantifying an emissions reduction produced by the energy savings opportunity; and

aggregating the emissions reductions into a tradable commodity.