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Automated transactional carbon offsetting

  • US 9,665,907 B2
  • Filed: 12/09/2008
  • Issued: 05/30/2017
  • Est. Priority Date: 12/09/2008
  • Status: Active Grant
First Claim
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1. A method for linking and utilizing monetary and carbon credit accounts in consideration of a transaction, comprising:

  • a programmable arbitrating device providing a transaction interface to a buyer that links a monetary account of the buyer to a carbon credit account of the buyer; and

    the arbitrating device automatically executing a purchase of an item offered for sale to the buyer by a seller at a composite price that has a monetary portion and a carbon credit portion, in response to an input of the buyer to the arbitrating device transaction interface as a function of a monetary-carbon exchange rate, by;

    comparing the monetary-carbon exchange rate to a rate threshold;

    in response to the monetary-carbon exchange rate meeting the compared rate threshold, charging a first monetary payment from the buyer'"'"'s monetary account, charging a first carbon credit payment from the buyer'"'"'s carbon credit account and converting a first amount of a balance of a selected one of the monetary and carbon credit account to generate a first converted monetary/carbon credit payment as a function of the monetary-carbon exchange rate, so that a percentage of a monetary payment amount relative to a carbon credit payment amount in a total of the first monetary payment, the first carbon credit payment and the first converted monetary/carbon credit payment satisfies a specified carbon credit/monetary proportion that is associated with the rate threshold; and

    in response to the monetary-carbon exchange rate not meeting the compared rate threshold, charging a second monetary payment from the buyer'"'"'s monetary account that is different from the first monetary payment, and charging a second carbon credit payment from the buyer'"'"'s carbon credit account that is different from the first carbon credit payment.

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