EP2013844A4 - Emission trading product and method - Google Patents

Emission trading product and method

Info

Publication number
EP2013844A4
EP2013844A4 EP06740640A EP06740640A EP2013844A4 EP 2013844 A4 EP2013844 A4 EP 2013844A4 EP 06740640 A EP06740640 A EP 06740640A EP 06740640 A EP06740640 A EP 06740640A EP 2013844 A4 EP2013844 A4 EP 2013844A4
Authority
EP
European Patent Office
Prior art keywords
emissions
data
emits
managing
developed
Prior art date
Legal status (The legal status is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the status listed.)
Withdrawn
Application number
EP06740640A
Other languages
German (de)
French (fr)
Other versions
EP2013844A1 (en
Inventor
William L Trout
Robert Broadfoot
Michael Hileman
Richard Jones
Current Assignee (The listed assignees may be inaccurate. Google has not performed a legal analysis and makes no representation or warranty as to the accuracy of the list.)
HSB Solomon Associates LLC
Original Assignee
HSB Solomon Associates LLC
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by HSB Solomon Associates LLC filed Critical HSB Solomon Associates LLC
Publication of EP2013844A1 publication Critical patent/EP2013844A1/en
Publication of EP2013844A4 publication Critical patent/EP2013844A4/en
Withdrawn legal-status Critical Current

Links

Classifications

    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q10/00—Administration; Management
    • G06Q10/06—Resources, workflows, human or project management; Enterprise or organisation planning; Enterprise or organisation modelling
    • Y—GENERAL TAGGING OF NEW TECHNOLOGICAL DEVELOPMENTS; GENERAL TAGGING OF CROSS-SECTIONAL TECHNOLOGIES SPANNING OVER SEVERAL SECTIONS OF THE IPC; TECHNICAL SUBJECTS COVERED BY FORMER USPC CROSS-REFERENCE ART COLLECTIONS [XRACs] AND DIGESTS
    • Y02—TECHNOLOGIES OR APPLICATIONS FOR MITIGATION OR ADAPTATION AGAINST CLIMATE CHANGE
    • Y02P—CLIMATE CHANGE MITIGATION TECHNOLOGIES IN THE PRODUCTION OR PROCESSING OF GOODS
    • Y02P90/00—Enabling technologies with a potential contribution to greenhouse gas [GHG] emissions mitigation
    • Y02P90/80—Management or planning
    • Y02P90/84—Greenhouse gas [GHG] management systems

Landscapes

  • Engineering & Computer Science (AREA)
  • Business, Economics & Management (AREA)
  • Human Resources & Organizations (AREA)
  • Strategic Management (AREA)
  • Economics (AREA)
  • Entrepreneurship & Innovation (AREA)
  • Educational Administration (AREA)
  • Game Theory and Decision Science (AREA)
  • Development Economics (AREA)
  • Marketing (AREA)
  • Operations Research (AREA)
  • Quality & Reliability (AREA)
  • Tourism & Hospitality (AREA)
  • Physics & Mathematics (AREA)
  • General Business, Economics & Management (AREA)
  • General Physics & Mathematics (AREA)
  • Theoretical Computer Science (AREA)
  • Management, Administration, Business Operations System, And Electronic Commerce (AREA)
  • General Factory Administration (AREA)

Abstract

The present invention provides a system and method for determining equivalency factors for use in comparative performance analysis of industrial facilities by determining a target variable and a plurality of characteristics of the target variable. Each of the plurality of characteristics is ranked according to value. Based on ranking value, the characteristics are divided into categories. Based on the sorted and ranked characteristics, a data collection classification system is developed. Data is collected according to the data collection classification system. The data is validated, and based on the data, an analysis model is developed. The analysis model then calculates the equivalency factors for use in one embodiment in performance measurement and equitable benchmarking of green house gas (GHG) emissions from industrial facilities for the purposes of allocating GHG emission allowances for permits, licenses, etc. Furthermore, a system and method is described for quantifying, transferring, managing, underwriting, or insuring the risk associated with emissions from manufacturing, operating a facility, or engaging in an activity that emits, produces, or potentially emits or produces permitted or regulated emissions. In addition to insuring against emissions that exceed permitted or regulated amounts, a system for pooling, managing, and trading emission credits is also described herein.
EP06740640A 2006-04-07 2006-04-07 Emission trading product and method Withdrawn EP2013844A4 (en)

Applications Claiming Priority (1)

Application Number Priority Date Filing Date Title
PCT/US2006/012856 WO2007117233A1 (en) 2006-04-07 2006-04-07 Emission trading product and method

Publications (2)

Publication Number Publication Date
EP2013844A1 EP2013844A1 (en) 2009-01-14
EP2013844A4 true EP2013844A4 (en) 2010-07-07

Family

ID=38581413

Family Applications (1)

Application Number Title Priority Date Filing Date
EP06740640A Withdrawn EP2013844A4 (en) 2006-04-07 2006-04-07 Emission trading product and method

Country Status (2)

Country Link
EP (1) EP2013844A4 (en)
WO (1) WO2007117233A1 (en)

Families Citing this family (9)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US9111212B2 (en) 2011-08-19 2015-08-18 Hartford Steam Boiler Inspection And Insurance Company Dynamic outlier bias reduction system and method
US9069725B2 (en) * 2011-08-19 2015-06-30 Hartford Steam Boiler Inspection & Insurance Company Dynamic outlier bias reduction system and method
US10557840B2 (en) 2011-08-19 2020-02-11 Hartford Steam Boiler Inspection And Insurance Company System and method for performing industrial processes across facilities
EP3514700A1 (en) * 2013-02-20 2019-07-24 Hartford Steam Boiler Inspection and Insurance Company Dynamic outlier bias reduction system and method
CA3116974A1 (en) 2014-04-11 2015-10-15 Hartford Steam Boiler Inspection And Insurance Company Improving future reliability prediction based on system operational and performance data modelling
US11636292B2 (en) 2018-09-28 2023-04-25 Hartford Steam Boiler Inspection And Insurance Company Dynamic outlier bias reduction system and method
JP7399269B2 (en) 2019-09-18 2023-12-15 ハートフォード スチーム ボイラー インスペクション アンド インシュアランス カンパニー Computer-based systems, computer components and computer objects configured to implement dynamic outlier bias reduction in machine learning models
US11615348B2 (en) 2019-09-18 2023-03-28 Hartford Steam Boiler Inspection And Insurance Company Computer-based systems, computing components and computing objects configured to implement dynamic outlier bias reduction in machine learning models
US11328177B2 (en) 2019-09-18 2022-05-10 Hartford Steam Boiler Inspection And Insurance Company Computer-based systems, computing components and computing objects configured to implement dynamic outlier bias reduction in machine learning models

Family Cites Families (7)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US6509730B1 (en) * 2000-02-25 2003-01-21 International Resources Group Ltd. Method of environmental performance measurement
WO2002067401A2 (en) * 2001-02-16 2002-08-29 Idax, Inc. Decision support for automated power trading
US20050283428A1 (en) * 2001-06-05 2005-12-22 Carlton Bartels Systems and methods for electronic trading of carbon dioxide equivalent emission
US6904336B2 (en) * 2001-12-28 2005-06-07 Fannie Mae System and method for residential emissions trading
US20030149613A1 (en) * 2002-01-31 2003-08-07 Marc-David Cohen Computer-implemented system and method for performance assessment
US20040215545A1 (en) * 2003-01-31 2004-10-28 Kabushiki Kaisha Toshiba Power trading risk management system
US7457758B2 (en) * 2003-02-10 2008-11-25 South Dakota School Of Mines And Technology Method and apparatus for generating standardized carbon emission reduction credits

Non-Patent Citations (1)

* Cited by examiner, † Cited by third party
Title
EPO: "Mitteilung des Europäischen Patentamts vom 1. Oktober 2007 über Geschäftsmethoden = Notice from the European Patent Office dated 1 October 2007 concerning business methods = Communiqué de l'Office européen des brevets,en date du 1er octobre 2007, concernant les méthodes dans le domaine des activités", JOURNAL OFFICIEL DE L'OFFICE EUROPEEN DES BREVETS.OFFICIAL JOURNAL OF THE EUROPEAN PATENT OFFICE.AMTSBLATTT DES EUROPAEISCHEN PATENTAMTS, OEB, MUNCHEN, DE, vol. 30, no. 11, 1 November 2007 (2007-11-01), pages 592 - 593, XP007905525, ISSN: 0170-9291 *

Also Published As

Publication number Publication date
WO2007117233A1 (en) 2007-10-18
EP2013844A1 (en) 2009-01-14

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Inventor name: JONES, RICHARD

Inventor name: HILEMAN, MICHAEL

Inventor name: BROADFOOT, ROBERT

Inventor name: TROUT, WILLIAM, L.

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