Pollution credit method using electronic networks

• US 6,601,033 B1
• Filed: 10/24/2000
• Issued: 07/29/2003
• Est. Priority Date: 10/24/2000
• Status: Expired due to Term

• Current Assignee: Richard F. Sowinski
• Original Assignee: Richard F. Sowinski
• Inventors: Sowinski, Richard F.
• Primary Examiner(s): Trammell, James P.
• Assistant Examiner(s): CHEUNG, MARY DA ZHI WANG
• Application Number:
  US09/696,152
• Time in Patent Office: 1,008 Days
• Field of Search: 705/1, 705/52, 705/30-32, 705/37, 123/325, 123/434, 422/900, 110/345, 602/74
• US Class Current: 705/35
• CPC Class Codes: G06Q 10/30 Administration of product recycling or disposal
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• 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
• CPC Class Codes: Y02W 90/00 Enabling technologies or technologies with a potential or indirect contribution to greenhouse gas [GHG] emissions mitigation

Abstract

The present invention is a method and apparatus for effectuating commerce in claimant-driven individual pollution credits which allows gas utility consumers to claim pollution credit when reducing their pollution levels while employing energy efficiency measures, which has value. Such reduced pollution credit is given value by a third-party, thus, individuals, government agencies and related parties, working in concert with a third-party identify the need, establish ownership, calculate the pollution credit value, and create a new market that has economic value and environmental benefit.

Claims

1. A data processing apparatus for establishing one of a pollution offset and tax offset, for a seller using gas within gas distribution system of a home, business or the like, to bring about a reduction of known pollutants being emitted into the atmosphere associated with said seller'"'"'s home, business or the like, on a day-to-day basis or on a catastrophic basis, comprising:

(a) a central controller including a CPU and a memory operatively connected to said CPU,

(b) at least one terminal adapted for communicating with said central controller for transmitting thereto, pollution credit or tax credit information to gain a conditional pollution reduction credit (“

CPRC”

) for said seller,

(c) said memory containing a program adapted to be executed by said CPU for

     1) authenticating legal basis of the energy efficiency means employed against a data base of eligible energy efficiency means, (2) authenticating the eligibility of the seller against a data base of eligible sellers, (3) if the energy efficiency means relates to non-filtering of pollutants, generating a CPRC for tax credit offset purposes for said seller as a function of a seller identifier, (4) if the energy efficiency means relates to filtering of pollutants, determining the eligibility of each pollutant against a pollutant data base, (5) determining the amounts of reduction of each eligible pollutant normalized to a standard time duration;

(6) generating a CPRC for each pollutant based on (5), and (7) storing each CPRC generating at (3) and (6) as a function of a seller identifier which may include a seller'"'"'s credit card number, whereby economic incentive has been provided to said seller to bring about a substantial reduction of emission of pollutants to the atmosphere whether on a day-to-day basis or on a catastrophic basis.

2. The apparatus of claim 1 wherein same program is adapted to perform a credit card transaction to pay for the establishment of said CPRC for said seller.

3. The apparatus of claim 1 wherein said program is adapted to transfer said CPRC to a third party based on selected transfer criteria via said at least one terminal or a like terminal connected to said central controller.

4. The apparatus of claim 3 wherein said program is adapted to:

transfer said CPRC to a governmental agency as a gift via said at least one terminal or a like terminal connected to said central controller.

5. The apparatus of claim 3 wherein said program is adapted to transfer said CPRC on a cash or credit basis to a third person via said at least one terminal or a like terminal connected to said central controller.

6. The apparatus of claim 5 wherein said program is adapted to authenticate a buyer against a buyer data base and to identify his method of payment using a payment identifier code via said at one terminal or a like terminal connected to said central controller to transfer an offer from said buyer to said seller via said at least one terminal or a like terminal connected to said central controller, to transfer acceptance from the seller to the buyer and to transfer payment to said seller from said buyer using said payment identifier code.

7. The apparatus of claim 1 wherein the gas is natural gas.

8. The apparatus of claim 1 wherein the gas is propane.

9. A method for establishing one of a pollution offset and tax offset, for a seller using gas within gas distribution system of a home, business or the like, to bring about a reduction of known pollutants being emitted into the atmosphere associated with said seller'"'"'s home, business or the like, on a day-to-day basis or on a catastrophic basis, using a central controller including a CPU and a memory operatively connected to said CPU and containing a-program adapted to generate a conditional pollution reduction credit (CPRC”

), and at least one terminal adapted for communicating with said central controller for transmitting thereto, pollution credit or tax credit information of said seller, comprising the steps of;

(1) inputting seller type associated with a given energy efficiency means employed to the controller via the terminal,

(2) authenticating eligibility of (i) by executing the program residing within the central controller,

(3) if the energy efficiency means and seller type relate to non-filtering of pollutants, generating a CPRC for tax credit offset purposes for said seller as a function of a seller identifier, (4) if the energy efficiency means relates to filtering of pollutants, determining the eligibility of each pollutant against a pollutant data base, (5) determining the amounts of reduction of each eligible pollutant normalized to a standard time duration;

(6) generating a CPRC for each pollutant based on (5), and (7) storing each CPRC generating at (3) and (6) as a function of a seller identifier which may include a seller'"'"'s credit card number whereby economic incentive has been provided to said seller to bring about a substantial reduction of emission of pollutants to the atmosphere whether on a day-to-day basis or on a catastrophic basis.

10. The method of claim 9 including the precursor step of inputting a seller credit card number to said central controller via said terminal and wherein same program is adapted to perform a credit card transaction to pay for the establishment of said CPRC for said seller.

11. The method of claim 9 wherein said program is adapted to output said CPRC to a third party based on selected transfer criteria via said at least one terminal or a like terminal.

12. The method of claim 11 wherein said program is adapted to transfer said CPRC to a governmental agency as a gift.

13. The method of claim 11 wherein said program is adapted to transfer said CPRC on a cash or credit basis to a third party via said at least one terminal or another terminal connected to said central controller.

14. The method of claim 13 wherein said program is adapted to input to the central controller buyer criteria so as to authenticate a buyer against a buyer data base and to identify his method of payment via said at one terminal or a like terminal connected to said central controller, to transfer an offer from said buyer to said seller via said at least one terminal or a like terminal connected to said central controller, to transfer acceptance from the seller to the buyer and to transfer payment to said seller from said buyer using said payment identifier code.

15. The method of claim 9 wherein the gas is natural gas.

16. The method of claim 9 wherein the gas is propane.