Informing consumers about carbon usage based on purchases

• US 20060089851A1
• Filed: 10/24/2005
• Published: 04/27/2006
• Est. Priority Date: 10/25/2004
• Status: Abandoned Application

• Current Assignee: D. Wayne Silby, Teresa M. Tennant
• Original Assignee: D. Wayne Silby, Teresa M. Tennant
• Inventors: Silby, D. Wayne, Tennant, Teresa M.
• Application Number:
  US11/255,997
• Publication Number:
  US 20060089851A1
• Time in Patent Office: Days
• US Class Current: 705/7
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 99/00 Subject matter not provided for in other groups of this subclass

Abstract

A method of processing financial data may include determining if a relationship exists between a particular item of said financial data and a quantifiable quality-related characteristic. It may further include generating data quantifying usage of the quality-related characteristic based on a particular item of financial data.

Claims

1. A method of processing financial data, comprising:

determining if a relationship exists between a particular item of said financial data and a quantifiable quality-related characteristic; and

generating data quantifying usage of said quality-related characteristic based on a particular item of said financial data.

2. The method according to claim 1, wherein said quantifiable quality-related characteristic is selected from the group consisting of:

carbon emissions, water pollution, sulfur dioxide emission, and rainforest destruction.

3. The method according to claim 1, wherein said financial data comprises purchase information.

4. The method according to claim 1, wherein said financial data comprises at least one credit card billing item.

5. The method according to claim 1, wherein said determining comprises:

determining if there is data available to relate a financial quantity to a quantity of said quantifiable quality-related characteristic.

6. The method according to claim 1, wherein said generating comprises:

multiplying an amount associated with said financial data by a factor associated with said quantifiable quality-related characteristic.

7. The method according to claim 6, wherein said factor comprises a per unit amount spent amount of said quality-related characteristic.

8. The method according to claim 1, further comprising:

generating a financial statement.

10. The method according to claim 1, further comprising:

computing an offset amount based on at least some portion of said financial data.

11. The method according to claim 10, wherein said computing comprises multiplying a total amount of said financial data by a percentage to determine said offset amount.

12. The method according to claim 10, further comprising:

comparing said data quantifying usage with said offset amount to determine a net usage.

13. The method according to claim 12, further comprising:

offering the purchase of offset credits to reduce said net usage.

14. A machine-accessible medium containing instructions that, when executed on a processor, cause said processor to perform the method according to claim 1.

9. The method according to claim 9, wherein said financial statement includes at least a portion of said financial data and at least a portion of said data quantifying usage.

15. A method of associating carbon emissions information with credit card use information, comprising:

gathering said credit card use information;

analyzing said credit card use information for association with said carbon emissions information, comprising;

inputting information about correlation between said credit card use information and said carbon emissions information; and

applying said information about correlation to said credit card use information to generate corresponding carbon emissions information; and

outputting said credit card use information and said carbon emissions information.

16. The method according to claim 15, further comprising:

gathering information about correlation between said credit card use information and said carbon emissions information.

17. The method according to claim 16, wherein said gathering information includes obtaining information from at least one source selected from the group consisting of:

a government agency, a private organization, and a university.

18. The method according to claim 16, wherein said gathering information includes downloading information from a computer on a computer network.

19. The method according to claim 16, wherein said gathering information includes reading information from a machine-accessible medium coupled to a computer system.

20. The method according to claim 16, wherein said gathering information includes manually inputting said information.

21. The method according to claim 16, wherein said information about correlation between said credit card use information and said carbon emissions information comprises information correlating purchases with carbon emissions.

22. The method according to claim 15, further comprising:

permitting a consumer to purchase carbon emissions credits.

24. The apparatus according to claim 22, further comprising:

a storage medium to store said carbon emissions information, the storage medium to provide said carbon emissions information to said financial data analysis engine.

25. The apparatus according to claim 22, further comprising:

an information gathering engine to gather said carbon emissions information and to provide said carbon emissions information to said financial data analysis engine.

26. The apparatus according to claim 22, wherein said information gathering engine comprises a network interface.

27. The apparatus according to claim 22, wherein said information gathering engine comprises a user input device.

28. The apparatus according to claim 25, wherein said information gathering engine comprises a device to read a machine-accessible medium containing said carbon emissions information.

29. The apparatus according to claim 25, wherein said information gathering engine gathers said carbon emissions information from at least one of the group consisting of:

a government agency, a private organization, and a university.

30. A financial data analysis system comprising:

a financial data generating engine to provide financial data; and

the apparatus according to claim 25 coupled to receive said financial data from the financial data generating engine.

31. The financial data analysis system according to claim 30, wherein the financial data generating engine is coupled to said financial data analysis engine by at least one of the group consisting of:

a hard-wired connection;

a communication network;

a common storage medium; and

a wireless connection.

32. The financial data analysis system according to claim 25, wherein said financial data generating engine and said financial data analysis engine are embodied in a single computer system.

33. The apparatus according to claim 25, wherein said carbon emissions information comprises information correlating purchases with carbon emissions.

23. An apparatus for analyzing financial data, comprising:

a financial data analysis engine to receive financial data, the financial data analysis engine to analyze said financial data;

to correlate said financial data with carbon emissions information relating to said financial data; and

to generate carbon emissions data corresponding to said financial data; and

a statement generating engine coupled to receive said financial data and said carbon emissions data and to generate at least one financial statement including both said financial data and said carbon emissions data.