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Method, system, and medium for calculating an emissions allowance

  • US 8,010,413 B2
  • Filed: 03/23/2007
  • Issued: 08/30/2011
  • Est. Priority Date: 03/23/2006
  • Status: Active Grant
First Claim
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1. A method of charging an individual consumer for greenhouse gas emissions related to the purchase of a product, comprising:

  • providing a database of products including greenhouse gas emission data for the products, wherein the emission data includes one or more of raw materials, transportation, production, and sale for each of the plurality of products;

    calculating a greenhouse gas daily emissions allowance for a consumer based on a calculated estimate of daily emissions of a global population multiplied by a target emission reduction percentage set by a third-party organization;

    receiving a purchase request from the consumer for a product;

    if emission data for the product exists in the database then calculating an emission value of the product based, at least in part, on emission data of the product in the database;

    if emission data for the product does not exist in the database then calculating an emission value of an associated product based, at least in part, on emission data of the associated product in the database;

    calculating an emission balance for the consumer based on the daily emissions allowance and the emission value;

    charging the consumer for the product and for an amount based on the emission balance;

    wherein the steps above are performed using a computer processor.

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