Patent ID: 7426489
Filing Date: 2008-09-16
Classification: G06Q

Abstract:
1. A method for registration of carbon sinks comprising renewable energy and emission reduction systems, wherein a carbon sink represents an asset in an account, the method comprising: (a) receiving information to identify a carbon sink customer account; (b) receiving input to identify type of carbon sink; (c) receiving input data used to calculate emission reduction provided by the carbon sink; (d) calculating an emission reduction credit (ERC) value representative of the renewable energy and emission reduction provided by the carbon sink; (e) receiving a selection of type of accreditation level from a plurality of accreditation levels which determine a percentage of the ERC value that will be credited to the carbon sink customer account with the remaining percentage of ERC value being divided among a plurality of funds outside the carbon sink customer account; (f) crediting the percentage of the ERC value to the carbon sink customer account based on the selected type of accreditation level.