Patent ID: 7983929

Claim:
A system for generating standardized greenhouse gas emission reduction credits based on mitigation of greenhouse gas emissions at a site resulting from use of renewable carbon at the site to produce energy in substitution for previous use of a fossil fuel at the site, comprising: a computer capable of executing instructions embodied in software; at least one database accessible by the computer and containing: past site-specific data regarding at least one variable impacting emissions of a greenhouse gas generated from the use of the fossil fuel for generating energy at the site, wherein the at least one variable impacting emissions includes characteristics of a fuel used at the site; and subsequent site-specific data regarding the at least one variable impacting emissions of the greenhouse gas generated from the use of the renewable carbon for generating energy at the site, wherein the fuel used at the site is analyzed in batches to produce batch data and the subsequent site-specific data from the site includes the batch data; a greenhouse gas emissions modeling module embodied as software to process the past site-specific data and the subsequent site-specific data, to determine a change in level of the greenhouse gas emission at the site over a specified time period; wherein the computer is configured to run: an uncertainty analysis module embodied as software to process the change in level of the greenhouse gas emission over the specified time period, to quantify a relative level of uncertainty of the change of the level of the greenhouse gas emission with which to identify a quantity of greenhouse gas emission reduction credits that do not qualify as standardized emission reduction credits, and cannot be traded as such, and to identify a quantity of greenhouse gas emission reduction credits that qualify as the standardized greenhouse gas emission reduction credits for trading; and at least one interface to the computer, for outputting a report of the identified quantity of the standardized greenhouse gas emission reduction credits.