Emission reduction trading system and method
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United States of America Patent
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N/A
Issued Date -
Feb 26, 2004
app pub date -
Jul 18, 2003
filing date -
Jul 20, 2002
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
An emission reduction trading system and method can include a registry that stores emission allowance and offset holding information for participants in a greenhouse gas emissions market and a trading platform communicatively coupled to the registry and enabling trades of emission allowances and offsets by participants. The method of conducting trades among participants includes establishing baselines and reduction levels, obtaining emissions information including emissions allowance and offset information, determining on an individual participant basis required purchases and allowed sales, and managing trades among participants to meet the determined required purchases and allowed sales.
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