System and method for determining and brokering fuel emission offsets

• US 8,682,759 B2
• Filed: 08/22/2008
• Issued: 03/25/2014
• Est. Priority Date: 02/27/2006
• Status: Active Grant

• Current Assignee: David Lange
• Original Assignee: David Lange
• Inventors: Lange, David
• Primary Examiner(s): Hamilton, Lalita M
• Application Number:
  US12/196,904
• Publication Number:
  US 20090055304A1
• Time in Patent Office: 2,041 Days
• Field of Search: 705/35, 705/308
• US Class Current: 705/35
• 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

Abstract

A brokering system and method for providing an incentive to end users of petroleum fueled vehicles to make use of retrofit kits for existing IC engines which permit the use of hydrogen blended with fossil fuels without technically invading or modifying the engine or its intended purpose or application. End users of retrofitted vehicles are provided with discounted fuel costs at authorized refueling stations. The end user'"'"'s savings include: a) a reduction in refueling charges since the vehicl'"'"'s reliance on fossil fuel (which is displaced by hydrogen in the engine), and b) by the purchase of methanol which can be set at a lower cost per calorific equivalent than a barrel of oil while also earning emission offsets to be exchanged by the owner of the retrofitted engine for cash. These emission offsets can then be sold to end users/creators of carbon credits.

Claims

1. A non-transitory tangible computer readable storage medium having stored thereon a computer program for implementing a system for determining emissions offset credits associated with the consumption of environmentally cleaner non-petroleum fuels in an environmentally cleaner vehicle designed to obtain all of its automotive power through consumption of a petroleum fuel and which has been retrofitted to obtain at least a portion of its automotive power through consumption of at least one of the environmentally cleaner non-petroleum fuels, the computer program comprising a set of instructions which, when executed by a computer, cause the computer to perform a method comprising the steps of:

obtaining an identifier to associate a refueling action with a user of the environmentally cleaner vehicle or with the environmentally cleaner vehicle; and

accessing a database containing data entries to record creation of emissions offset credits for the user of the environmentally cleaner vehicle or for the environmentally cleaner vehicle based on the identifier, the emissions offset credits being calculated by comparing an amount of petroleum based fuel used to provide automotive power to the environmentally cleaner vehicle after being retrofitted to obtain at least a portion of the automotive power through consumption of the at least one of the environmentally cleaner non-petroleum fuels with an estimated amount of petroleum based fuel that would have been required to provide equivalent automotive power to the environmentally cleaner vehicle in its original designed condition.

2. The non-transitory tangible computer readable storage medium of claim 1, wherein said database forms part of an emissions trust system for crediting and debiting emissions offset credits.

3. The non-transitory tangible computer readable storage medium of claim 2, wherein said emissions trust system includes a brokerage server, accessible to credit brokers for the trade of emissions offset credits.

4. The non-transitory tangible computer readable storage medium of claim 3, wherein said brokerage server is debited of emissions offset credits and traded against emission credits by said credit broker.

5. The non-transitory tangible computer readable storage medium of claim 1, wherein the entries in the database are associated with the user of the vehicle, the emissions offset credits are owned by and exchangeable by the user of the vehicle, and creation of emission offset credits triggers a discounted re-fueling charge for said user.

6. The non-transitory tangible computer readable storage medium of claim 1, wherein a level of emissions offset credits created is related to a fuel efficiency level of the environmentally cleaner vehicle.

7. The non-transitory tangible computer readable storage medium of claim 1, wherein said environmentally cleaner vehicle is provided with an internal combustion engine designed to obtain all of its automotive power through consumption of diesel fuel and which has been retrofitted to obtain all of its automotive power through the consumption of a combination of hydrogen and diesel fuel;

wherein the emissions offset credits are calculated by comparing an amount of diesel fuel used to provide automotive power to the environmentally cleaner vehicle after being retrofitted to obtain at least a portion of the automotive power through consumption of the combination of hydrogen and diesel fuel with an estimated amount of diesel fuel that would have been required to provide the equivalent automotive power to the environmentally cleaner vehicle if a portion of the automotive power had not been obtained through the consumption of hydrogen.

8. The non-transitory tangible computer readable storage medium of claim 7, wherein said identifier is a validation card configured to activate a re-fueling pump providing a hydrogen carrier fuel.

9. The non-transitory tangible computer readable storage medium of claim 8, wherein said hydrogen carrier fuel is an alcohol based fuel.

10. A computer implemented method of determining emissions offset credits associated with the consumption of environmentally cleaner non-petroleum fuels, the method comprising the steps of:

during a re-fueling action, receiving by a first computer maintained database, an identifier number associated with a validation card, the validation card being associated with a user of an environmentally cleaner vehicle;

accessing, by the computer, a list of users in the first computer maintained database, the first computer maintained database containing a data entry correlating the identification number associated with the validation card and the user of the environmentally cleaner vehicle; and

correlating, by the computer in the first computer maintained database, entries recording events associated with creation of emissions offset credits with the data entry for the user, the emissions offset credits being credited to the user of the vehicle and related to automotive driving operation of the environmentally cleaner vehicle;

wherein the computer is configured to calculate the emissions offset credits by comparing an amount of petroleum based fuel used to provide automotive power to the environmentally cleaner vehicle after being retrofitted to obtain at least a portion of the automotive power through consumption of the at least one of the environmentally cleaner non-petroleum fuels with an estimated amount of petroleum based fuel that would have been required to provide equivalent automotive power to the environmentally cleaner vehicle in its original designed condition.

11. A method as defined in claim 10, further comprising crediting and debiting emission offset credits at said second database.

12. A method as defined in claim 11, wherein said second database forms part of an emissions trust for crediting and debiting emissions offset credits.

13. A method as defined in claim 12, further comprising trading said emissions offset credits at said emissions trust via a brokerage server, accessible to credit brokers for the trade thereof.

14. A method as defined in claim 13, wherein the user is the driver of the vehicle, the method further comprising the step of discounting re-fueling charges for said driver when said events associated with the creation of emission offset credits are triggered.

15. A method as defined in claim 10, wherein a level of emissions offset credits created is related to a fuel efficiency level of the environmentally cleaner vehicle in an altered form relative to an expected fuel efficiency level of the environmentally cleaner vehicle in an unaltered form.

16. A method as defined in claim 10, wherein said environmentally cleaner vehicle is provided with an internal combustion engine designed to obtain all of its automotive power through consumption of diesel fuel and which has been retrofitted to obtain all of its automotive power through the consumption of a combination of hydrogen and diesel fuel wherein the emissions offset credits are calculated by comparing an amount of diesel fuel used to provide automotive power to the environmentally cleaner vehicle after being retrofitted to obtain at least a portion of the automotive power through consumption of the combination of hydrogen and diesel fuel with an estimated amount of diesel fuel that would have been required to provide the equivalent automotive power to the environmentally cleaner vehicle if a portion of the automotive power had not been obtained through the consumption of hydrogen.

17. A method as defined in claim 16, further comprising said validation card activating a re-fueling pump providing a hydrogen carrier fuel.

18. A method as defined in claim 17, wherein said hydrogen carrier fuel is an alcohol based fuel.

19. A method as defined in claim 10, wherein the value of the emissions offset credits are set by an emissions index.

20. A system for determining emissions offset credits associated with the automotive driving operation of an environmentally cleaner vehicle, comprising:

an engine sensor configured to capture automotive driving operation utilization information of an environmentally cleaner vehicle; and

database entries storing events associated with the automotive driving operation utilization information captured by said engine sensor, said events enabling emissions offset credits associated with the automotive driving operation of said environmentally cleaner vehicle to be determined;

wherein the emissions offset credits are calculated by comparing an amount of petroleum based fuel used to provide automotive power to the environmentally cleaner vehicle after being retrofitted to obtain at least a portion of the automotive power through consumption of the at least one of the environmentally cleaner non-petroleum fuels with an estimated amount of petroleum based fuel that would have been required to provide equivalent automotive power to the environmentally cleaner vehicle in its original designed condition.

21. A system as defined in claim 20, wherein said emissions offset credits are determined by comparing automotive operating parameters captured by the engine sensor with historical automotive operation parameters of the vehicle prior to being retrofitted under identical operating conditions.

22. A system as defined in claim 21, wherein the value of said emissions offset credits are calculated according to a reference associated with a regulated emissions offset credits index.

23. A system as defined in claim 22, wherein said second database forms part of an emissions trust system for crediting and debiting emissions offset credits.

24. A system as defined in claim 23, wherein said emissions trust system includes a brokerage server, accessible to credit brokers for the trade of emissions offset credits.

25. A system as defined in claim 21, wherein said environmentally cleaner vehicle is provided with an internal combustion engine designed to obtain all of its automotive power through consumption of diesel fuel and which has been retrofitted to obtain all of its automotive power through the consumption of a combination of hydrogen and diesel fuel, wherein the emissions offset credits are calculated by comparing an amount of diesel fuel used to provide automotive power to the environmentally cleaner vehicle after being retrofitted to obtain at least a portion of the automotive power through consumption of the combination of hydrogen and diesel fuel with an estimated amount of diesel fuel that would have been required to provide the equivalent automotive power to the environmentally cleaner vehicle if a portion of the automotive power had not been obtained through the consumption of hydrogen.

26. A system as defined in claim 20, wherein said events associated with the creation of emission offset credits triggers a discounted re-fueling charge.

27. A system as defined in claim 26, wherein said brokerage server is debited of emissions offset credits and traded against emission credits by said credit broker.

28. A system as defined in claim 27, wherein a level of emissions offset credits created is related to a fuel efficiency level of the environmentally cleaner vehicle in an altered form relative to an expected fuel efficiency level of the environmentally cleaner vehicle in an unaltered form.