APPARATUS AND METHODS FOR FACILITATING CARBON CREDITS

• US 20090099962A1
• Filed: 10/15/2007
• Published: 04/16/2009
• Est. Priority Date: 10/15/2007
• Status: Abandoned Application

• Current Assignee: Teravista Systems Holdings, Inc.
• Original Assignee: Teravista Systems Holdings, Inc.
• Inventors: CARL, Chris, GREEN, Mark L.
• Application Number:
  US11/872,539
• Publication Number:
  US 20090099962A1
• Time in Patent Office: Days
• US Class Current: 705/39
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

A processor-performed method of facilitating the creation and sale of carbon credits. The method includes enrolling a plurality of carbon credits in a database. Each credit is associated with an account of a creator of the credit and with a project for generating the credit. The method includes determining whether one of the one or more projects is registered in a climate action registry; and, based on the determining, registering in the registry a validated credit associated with the registered project and including the registered credit in an account of an aggregator.

Claims

1. A method of facilitating the creation and sale of carbon credits, the method performed by at least one computer having a processor and memory and configured for communication with one or more climate action registries and with one or more aggregator systems, the method comprising:

executing instructions to cause a plurality of carbon credits to be enrolled in a database;

for each credit, executing instructions to cause the credit to be associated with an account of a creator of the credit and with a carbon credit creation project for generating one or more environmental conditions for creating the credit;

executing instructions to determine whether one of the one or more carbon credit creation projects is registered in one of the one or more climate action registries and based on the determining, executing instructions to cause to be registered in the one of the one or more climate action registries a credit associated with the registered carbon credit creation project and validated by a third-party validator as having been created, and to make the validated and registered credit available to an aggregator in an account of the aggregator.

2. The method of claim 1, further comprising:

the at least one computer obtaining from the registry a registry identifier for the registered credit; and

the at least one computer using at least the registry identifier to uniquely identify the registered credit.

3. The method of claim 1, further comprising the at least one computer tracking a status of a credit to verify the credit.

4. The method of claim 3, wherein the tracking is performed using infrared satellite imagery analysis.

5. The method of claim 1, wherein the registered project is associated with the registry in the database.

6. A system for facilitating the creation and sale of carbon credits, the system comprising at least one processor and memory configured to:

enroll a plurality of carbon credits in a database;

for each credit, associate the credit with an account of a creator of the credit and with a carbon credit creation project for generating one or more environmental conditions for creating the credit;

determine whether one of the one or more carbon credit creation projects is registered in a climate action registry; and

based on the determining, allow an aggregator to access, via a network and based on the project registration, data pertaining to at least one credit associated with the registered project.

7. The system of claim 6, wherein the at least one processor and memory are configured to associate the registry with each credit associated with the registered project.

8. The system of claim 6, wherein the at least one processor and memory are configured to:

determine whether a credit associated with the registered project is validated; and

based on the determining, register the validated credit in the registry.

9. The system of claim 8, wherein the at least one processor and memory are further configured to provide the aggregator with a unique identifier for accessing data pertaining to the registered credit.

10. The system of claim 6, wherein the at least one processor and memory are further configured to receive, from at least one satellite, multi-spectral imagery of a location of one of the one or more projects, the at least one processor and memory further configured to use the imagery to determine a quantity of biomass at the location.

11. The system of claim 10, wherein the at least one processor and memory are further configured to use a determined biomass amount to verify that the potential credit has become an actual credit.

12. The system of claim 6, wherein the at least one processor and memory are further configured to:

track a status of a potential credit to verify the potential credit as an actual credit;

determine whether the actual credit is associated with a carbon creation project registered in the registry; and

, based on the determining;

allow the aggregator to access data pertaining to the actual credit based on the registry association.

13. The system of claim 12, wherein the tracking is performed using infrared satellite imagery analysis.

14. The system of claim 6, wherein the at least one processor and memory are further configured to:

determine whether one or more of a plurality of potential credits associated with a project registered in a climate action registry have become one or more actual credits;

based on the determining and on whether one or more potential credits are validated, identify each actual credit to the registry.

15. The system of claim 6, wherein the at least one processor and memory are configured to serialize one of the credits to uniquely identify each of one or more carbon tonnage amounts associated with the one of the credits.

16. A system for facilitating the creation and sale of carbon credits, the system comprising at least one processor and memory configured to:

enroll a plurality of carbon credits in a database; and

for each credit, associate the credit with an account of a creator of the credit and with a carbon credit creation project for generating one or more environmental conditions for creating the credit;

the system further configured to receive, from at least one satellite, multi-spectral imagery of a location of one of the one or more projects, the at least one processor and memory further configured to;

use the imagery to evaluate one or more land characteristics at the location; and

use the one or more evaluated land characteristics to verify whether at least one of the credits is an actual credit.

17. The system of claim 16, wherein the at least one processor and memory are configured to:

analyze at least some of the imagery relative to an infrared spectral band;

overlay the imagery data with a geographic information system (GIS) data layer for a field zone associated with the location; and

verify whether the at least one of the credits is an actual credit based on the analysis and the overlay.

18. The system of claim 16, wherein the at least one processor and memory are configured to:

use the imagery to determine a quantity of biomass at the location; and

evaluate crop residue based on the determined biomass quantity.

19. The system of claim 16, wherein the at least one processor and memory are further configured to:

determine whether one of the one or more projects is registered in a climate action registry; and

based on the determining, allow an aggregator to access, via a network and based on the project registration, data pertaining to at least one credit associated with the registered project.

20. The system of claim 16, wherein the at least one processor and memory are configured to serialize an actual credit to uniquely identify each of one or more carbon tonnage amounts associated with the actual credit.