TRADING GREENHOUSE GAS EMISSION CREDITS DETERMINED BASED ON THE USE OF A GENETICALLY MODIFIED PLANT
First Claim
1. A method of trading greenhouse gas emission credits on an electronic trading market, the method comprising:
- determining an amount of nitrogen applied or to be applied to obtain a desired crop yield using a genetically modified version of a plant, wherein the genetically modified version of the plant has a nitrogen utilization efficiency greater than a non-genetically modified version of the plant;
determining an amount of greenhouse gas emission based on the determined amount of nitrogen;
calculating an amount of greenhouse gas emission credit available to be traded based on the determined amount of greenhouse gas emission; and
conveying at least a portion of the calculated amount of greenhouse gas emission credit to one or more potential buyers through the electronic trading market.
1 Assignment
0 Petitions
Accused Products
Abstract
To trade greenhouse gas emission credits on an electronic trading market, an amount of nitrogen applied or to be applied to obtain a desired crop yield using a genetically modified version of a plant is determined. The genetically modified version of the plant has a nitrogen utilization efficiency greater than a non-genetically modified version of the plant. An amount of greenhouse gas emission is determined based on the amount of nitrogen. A greenhouse gas credit is calculated based on the determined amount of greenhouse gas emission. The calculated greenhouse gas credit is conveyed to one or more potential buyers through the electronic trading market.
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Citations
54 Claims
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1. A method of trading greenhouse gas emission credits on an electronic trading market, the method comprising:
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determining an amount of nitrogen applied or to be applied to obtain a desired crop yield using a genetically modified version of a plant, wherein the genetically modified version of the plant has a nitrogen utilization efficiency greater than a non-genetically modified version of the plant; determining an amount of greenhouse gas emission based on the determined amount of nitrogen; calculating an amount of greenhouse gas emission credit available to be traded based on the determined amount of greenhouse gas emission; and conveying at least a portion of the calculated amount of greenhouse gas emission credit to one or more potential buyers through the electronic trading market. - View Dependent Claims (2, 3, 8, 9, 10, 12, 13, 14, 15, 16)
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4-7. -7. (canceled)
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11. (canceled)
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17. A computer-readable storage medium containing computer-executable instructions to trade greenhouse gas emission credits on an electronic trading market, comprising instructions to:
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obtain an amount of greenhouse gas emission credit available to be traded, wherein the amount of greenhouse gas emission credit was calculated by; determining an amount of nitrogen applied or to be applied to obtain a desired crop yield using a genetically modified version of a plant, wherein the genetically modified version of the plant has a nitrogen utilization efficiency greater than a non-genetically modified version of the plant; determining an amount of greenhouse gas emission based on the determined amount of nitrogen; and calculating the amount of greenhouse gas emission credit based on the determined amount of greenhouse gas emission; and convey the obtained amount of greenhouse gas emission credit to one or more potential buyers through the electronic trading market. - View Dependent Claims (18)
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19-30. -30. (canceled)
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31. A method of trading greenhouse gas emission credits on an electronic trading market, the method comprising:
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receiving an amount of greenhouse gas emission credit from a seller of the amount of greenhouse gas emission credit, wherein the amount of greenhouse gas emission credit was calculated by; determining an amount of nitrogen applied or to be applied to obtain a desired yield using a genetically modified version of a plant, wherein the genetically modified version of the plant has a nitrogen utilization efficiency greater than a non-genetically modified version of the plant; determining an amount of greenhouse gas emission based on the determined amount of nitrogen; and calculating the amount of greenhouse gas emission credit based on the determined amount of greenhouse gas emission; and conveying at least a portion of the amount of greenhouse gas emission credit to one or more potential buyers; receiving one or more bids for the amount of greenhouse gas emission credit from the one or more potential buyers; and sending the one or more bids for the amount of greenhouse gas emission credit to the seller of the amount of greenhouse gas emission credit. - View Dependent Claims (32, 33, 38, 39, 40, 54)
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34-37. -37. (canceled)
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41. A computer-readable storage medium containing computer-executable instructions to trade greenhouse gas emission credits on an electronic trading market, comprising instructions to:
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receive an amount of greenhouse gas emission credit from a seller of the amount of greenhouse gas emission credit, wherein the amount of greenhouse gas emission credit was calculated by; determining an amount of nitrogen applied or to be applied to obtain a desired yield using a genetically modified version of a plant, wherein the genetically modified version of the plant has a nitrogen utilization efficiency greater than a non-genetically modified version of the plant; determining an amount of greenhouse gas emission based on the determined amount of nitrogen; and calculating the amount of greenhouse gas emission credit based on the determined amount of greenhouse gas emission; convey at least a portion of the amount of greenhouse gas emission credit to one or more potential buyers; receive one or more bids for the amount of greenhouse gas emission credit from the one or more potential buyers; and send the one or more bids for the amount of greenhouse gas emission credit to the seller of the amount of greenhouse gas emission credit.
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42-53. -53. (canceled)
Specification