Method of managing carbon reduction for hydrocarbon producers
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United States of America Patent
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Jun 26, 2012
Grant Date -
Nov 26, 2009
app pub date -
May 20, 2009
filing date -
May 20, 2008
priority date (Note) -
Expired
status (Latency Note)
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Abstract
A method and means is disclosed for managing the reduction of carbon during product transport for a large number of hydrocarbon fuel producers within a given geographic region. This reduction of carbon is accomplished at a few major sequestration hubs located within the geographic region where the sequestration hubs themselves pass through or near major carbon dioxide sequestration facilities. The method includes reducing the amount of carbon in the product and providing a carbon credit or a carbon tax benefit to the producer as an additional alternative available to the producer than acquiring a carbon credit, paying a carbon tax or installing on-site capture and sequestration facilities.
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