Patent ID: 7716063
Filing Date: 2010-05-11
Classification: G06Q,Y02P

Abstract:
1. A computer-based method for generating standardized carbon emission reduction credits for sequestration of carbon compounds, comprising: receiving site-specific data with respect to a geographic location, regarding at least one variable impacting carbon sequestration, wherein the at least one variable comprises site-specific land use practices; retrieving data, general to a geographic region encompassing the location, regarding at least one variable impacting carbon sequestration, wherein the at least one variable comprises regional historical land use practices and the regional historical land use practice data is used to supplement or substitute for site-specific land use practice data which is unavailable; processing the site-specific data regarding the location and the data general to the geographic region encompassing the location, through a carbon sequestration model running on a computer, to determine a change in level of carbon compounds stored in soil at the location over a specified time period; conducting by a computer an uncertainty analysis on the change of the level of carbon compounds stored in the soil at the location over the specified time period to quantify a relative level of uncertainty of the change of the level of carbon compounds stored in the soil at the location over the specified time period via the computer, wherein the uncertainty analysis includes evaluating acceptability of the received site-specific land use practice data by utilizing the general regional historical land use practice data; from the uncertainty analysis conducted by the computer, utilizing the quantified relative level of uncertainty to identify a quantity of carbon emission reduction credits which do not qualify as standardized carbon emission reduction credits and cannot be traded as such and to identify a quantity of carbon emission reduction credits which qualify as the standardized carbon emission reduction credits for trading; and reporting from the computer the identified quantity of the standardized carbon emission reduction credits.