ELECTRONIC TRADING SYSTEM FOR SIMULATING THE TRADING OF CARBON DIOXIDE EQUIVALENT EMISSION REDUCTIONS AND METHODS OF USE

• US 20090070252A1
• Filed: 11/07/2008
• Published: 03/12/2009
• Est. Priority Date: 08/21/2001
• Status: Abandoned Application

• Current Assignee: Adam White, Carlton Bartels, Jane Bartels, Melissa Turnage, Shelby White
• Original Assignee: Adam White, Carlton Bartels, Jane Bartels, Melissa Turnage, Shelby White
• Inventors: White, Adam, Bartels, Jane, Turnage, Melissa, Bartels, Carlton, White, Shelby
• Application Number:
  US12/267,078
• Publication Number:
  US 20090070252A1
• Time in Patent Office: Days
• US Class Current: 705/37
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

An electronic trading system for simulating the trading of carbon dioxide equivalent (CO₂e) emission reductions and methods of use are provided. An electronic trading application may allow a user to participate in an electronic trading simulation. An electronic trading application may allow a simulation administrator to modify parameters in connection with the electronic trading simulation in real-time. For example, the simulation administrator may be allowed to modify a real-time timeline for the electronic trading simulation, create and release a news announcement, or perform any other suitable modification in connection with the electronic trading simulation.

Claims

1. A method for simulating the trading of carbon dioxide equivalent emission reductions using an electronic trading application, comprising:

allowing a user to participate in an electronic trading simulation using the electronic trading application; and

allowing a simulation administrator to modify parameters in connection with the electronic trading simulation in real-time using the electronic trading application.

2. The method of claim 1 further comprising allowing the simulation administrator to log onto the electronic trading simulation.

3. The method of claim 1 wherein the allowing the simulation administrator to modify the parameters comprises allowing the simulation administrator to modify a real-time timeline for the electronic trading simulation.

4. The method of claim 1 wherein the allowing the simulation administrator to modify the parameters comprises allowing the simulation administrator to create a news announcement.

5. The method of claim 4 further comprising allowing the simulation administrator to release the news announcement to the user.

6. The method of claim 1 wherein the allowing the simulation administrator to modify the parameters comprises allowing the simulation administrator to release a news announcement.

7. The method of claim 1 wherein the allowing the simulation administrator to modify the parameters comprises allowing the simulation administrator to modify parameters in connection with the electronic trading simulation.

8. The method of claim 1 wherein the allowing the simulation administrator to modify the parameters comprises allowing the simulation administrator to modify parameters in connection with an organisation that is participating in the electronic trading simulation.

9. The method of claim 1 wherein the allowing the simulation administrator to modify the parameters comprises allowing the simulation administrator to modify parameters in connection with a country that is participating in the electronic trading simulation.

10. The method of claim 1 further comprising allowing the user to log onto the electronic trading simulation.

11. The method of claim 1 wherein the allowing the user to participate in the electronic trading simulation comprises allowing the user to review information about the electronic trading simulation.

12. The method of claim 1 wherein the allowing the user to participate in the electronic trading simulation comprises allowing the user to select an organisation to participate in the electronic trading simulation.

13. The method of claim 1 wherein the allowing the user to participate in the electronic trading simulation comprises allowing the user to review the position of an organisation selected to participate in the electronic trading simulation.

14. The method of claim 1 wherein the allowing the user to participate in the electronic trading simulation comprises allowing the user to generate credits in connection with an organisation selected to participate in the electronic trading simulation.

15. The method of claim 1 wherein the allowing the user to participate in the electronic trading simulation comprises allowing the user to generate internal reductions in connection with an organisation selected to participate in the electronic trading simulation.

16. The method of claim 1 wherein the allowing the user to participate in the electronic trading simulation comprises allowing the user to trade carbon dioxide equivalent emission reductions using the electronic trading application.

17. The method of claim 1 wherein the allowing the user to participate in the electronic trading simulation comprises allowing the user to review a news announcement.

18. The method of claim 17 wherein the allowing the user to review the news announcement comprises allowing the user to review a late breaking news announcement.

19. The method of claim 1 wherein the allowing the user to participate in the electronic trading simulation comprises allowing the user to review a timeline of sessions of the electronic trading simulation.

20. The method of claim 1 wherein the allowing the user to participate in the electronic trading simulation comprises allowing the user to review a report at the end of the electronic trading simulation.

21. A system for simulating the trading of carbon dioxide equivalent emission reductions using an electronic trading application, comprising:

user computer equipment configured to allow a user to participate in an electronic trading simulation using the electronic trading application; and

administrator computer equipment configured to allow a simulation administrator to modify parameters in connection with the electronic trading simulation in real-time using the electronic trading application.