RENEWABLE ENERGY TRUST SYSTEM AND METHOD

• US 20090125436A1
• Filed: 11/14/2008
• Published: 05/14/2009
• Est. Priority Date: 11/14/2007
• Status: Abandoned Application

• Current Assignee: Inventus Holdings, LLC
• Original Assignee: Inventus Holdings, LLC
• Inventors: Maisto, Mark, Palanchian, Mark, Hanson, Nathan, Poulios, Demetrios Jim
• Application Number:
  US12/271,433
• Publication Number:
  US 20090125436A1
• Time in Patent Office: Days
• US Class Current: 705/37
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis
• CPC Class Codes: Y02P 90/84 Greenhouse gas [GHG] management systems
• CPC Class Codes: Y02P 90/90 Financial instruments for climate change mitigation, e.g. environmental taxes, subsidies or financing
• 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

Abstract

A renewable energy trust system and methods of using same are disclosed. In certain embodiments, a renewable energy trust is funded and the trust funds or a portion thereof are used to develop renewable energy.

Claims

1. A method of using a trust to develop renewable energy, the method comprising:

establishing a renewable energy trust;

funding the renewable energy trust; and

distributing the funds in the renewable energy trust to develop renewable energy.

2. The method of claim 1 wherein the renewable energy trust is at least partially funded by the sale of renewable energy credits.

3. The method of claim 1 wherein 100% of the funds in the renewable energy trust are used to develop renewable energy.

4. The method according to claim 1 wherein the renewable energy is selected from the group consisting of wind and solar.

5. The method according to claim 1 wherein at least a portion of the funds in the renewable energy trust are used to fund renewable energy projects.

6. The method according to claim 1 wherein at least a portion of the funds in the renewable energy trust are provided to qualified charities or qualified educational institutions.

7. A method of funding a renewable energy trust, the method comprising:

establishing a renewable energy trust;

transferring funds from an energy consumer; and

contributing the funds to the renewable energy trust.

8. The method according to claim 7 wherein the funds are generated through the sale of renewable energy credits to the energy consumer.

9. The method according to claim 7 further comprising maintaining a website to market the renewable energy trust.

10. The method according to claim 7 wherein the funds are transferred through the use of a computer.

11. The method according to claim 7 wherein the funds are contributed to the renewable energy trust through the use of a computer.

12. The method according to claim 10 wherein the computer hosts a web page on the internet through which the funds are transferred.

13. The method according to claim 10 wherein the computer accesses a web page on the internet through which the funds are transferred.

14. The method according to claim 12 wherein the web page contains a means for estimating the amount of funds to be transferred.

15. The method according to claim 14 wherein the means for estimating the amount of funds to be transferred is a calculator that calculates a carbon footprint.

16. The method according to claim 15 wherein the carbon footprint is calculated using carbon dioxide generation selected from the group consisting of home, vehicle and travel.

17. The method according to claim 14 wherein the means estimates the amount of funds that should be transferred to offset a carbon footprint.

18. A method for funding the development of renewable energy comprising using 100% of funds from a renewable energy trust to develop renewable energy.

19. The method according to claim 18 wherein the renewable energy is selected from the group consisting of wind, solar, geothermal, tidal, oceanic, hydroelectric and biomass.

20. The method according to claim 19 wherein the contribution to the renewable trust is made directly or indirectly through the internet.