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64 results about "Carbon credit" patented technology

A carbon credit is a generic term for any tradable certificate or permit representing the right to emit one tonne of carbon dioxide or the equivalent amount of a different greenhouse gas (tCO₂e). Carbon credits and carbon markets are a component of national and international attempts to mitigate the growth in concentrations of greenhouse gases (GHGs). One carbon credit is equal to one tonne of carbon dioxide, or in some markets, carbon dioxide equivalent gases. Carbon trading is an application of an emissions trading approach. Greenhouse gas emissions are capped and then markets are used to allocate the emissions among the group of regulated sources.

System, business and technical methods, and article of manufacture for utilizing internet of things technology in energy management systems designed to automate the process of generating and/or monetizing carbon credits

InactiveUS20200027096A1Improve operator safetyImprove user experienceFinancePayment protocolsEnvironmental resource managementCarbon dioxide equivalent
A carbon credit is a generic term for any tradable certificate or permit representing the right to emit one ton of carbon dioxide or the mass of another greenhouse gas with a carbon dioxide equivalent (tCO2e) equivalent to one ton of carbon dioxide.
Carbon credits and carbon markets are a component of national and international attempts to mitigate the growth in concentrations of greenhouse gases (GHGs). One carbon credit is equal to one ton of carbon dioxide, or in some markets, carbon dioxide equivalent gases. Carbon trading is an application of an emissions trading approach. Greenhouse gas emissions are capped and then markets are used to allocate the emissions among the group of regulated sources.
Carbon credits can be generated by any process that conforms to ISO 14064-66 standards. Once generated, carbon credits can be stored in a distributed, Cloud-based ledger. The ledger entries can serve as a registry for carbon credits as well as the data source for an Internet-enabled trading system or financial exchange that allows the carbon credits to be sold and bought as part of the same system. The distributed ledger can provide records that combine the details of the carbon credits' origin, transaction history, and financial instructions associated with trading of the carbon credits via a distributed ledger system.
Owner:COONER JASON RYAN

System and method for determining and brokering fuel emission offsets

A brokering system and method for providing an incentive for use of more efficient internal combustion engines and hydrogen retrofit kits is disclosed. End users of retrofitted vehicles are provided with discounted fuel costs at authorized fueling stations. The vehicle owner's savings include: a) a reduction in fueling charges because of the vehicle's new reliance on 30% less 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 sold for cash to the end users/creators of carbon credits. In this manner, retrofitted existing internal combustion engines linked to a trust for trading emission offsets will create a consumer-driven hydrogen economy which governments as well as the automotive and petroleum sectors will endorse. Hydrogen, which is substituted for fossil fuel in a retrofitted IC engine result in emission offsets (i.e., the quantum of emissions that are no longer there) which are converted by a regulated emissions trust into cash. This income, which is deposited into the vehicle owner's bank account via the telephone network by using a dedicated hydrogen fueling card and master engine sensor linked to a specific vehicle provided with an engine retrofit kit and an on board source of hydrogen gas. The present method provides a mapping and test kit that relies on OEM engine timing and control sensors to compare engine emissions produced by fossil fuel with emissions eliminated by substituting hydrogen. This method creates consumer demand for cleanly produced sources of hydrogen (beginning with green methanol) to fuel existing OEM engines, which will in turn, induce automobile manufacturers to build more efficient IC engines until, finally, they will all be fueled by 100% hydrogen.
Owner:LANGE DAVID

Method of Tracking and Redeeming Consumer Carbon Emission Credits

The present invention is an improved method of tracking and redeeming carbon emission credits generated by a plurality of consumers which is economical and practical. The method includes the steps of providing a carbon credits database of carbon emission credits for a plurality of goods and services, said carbon credits database including a list of said goods and services and a list of the carbon emission credits associated with each of the goods and services listed. The method further includes the step of providing a customer loyalty card system to said plurality of consumers, said customer loyalty card system which includes a customer database including a plurality of customer records, each customer record including details of each customer and details of that customer's purchase of goods and services. The method further includes the step of calculating a customer carbon credits total for each customer by summing the carbon emission credits for all of the goods and services purchased by said customer. The method further includes the step of transferring ownership of all of the carbon credits accumulated by the customers' purchase of goods and services to a loyalty card operator, said loyalty card operator operating the carbon credits database and the customer loyalty card system. Lastly, the method further includes the step of providing a customer reward to each of the customers in the customer loyalty card system, said customer reward being proportional to the customer carbon credits total.
Owner:PRIDMORE KEN +1
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