Patents Assigned to Chicago Climate Exchange, Inc.
  • Patent number: 10438281
    Abstract: A method for reducing greenhouse gas emissions by promoting more efficient energy use, by establishing a measure of efficiency, defined as a ratio of a measure of energy use to a measure of production; establishing a reduction schedule that sets limits on the energy efficiency ratio, with the schedule covering a series of compliance time periods and requiring efficient energy use during those time periods; establishing a transferable credit representing an amount of energy and establishing a tradable financial instrument representing a number of energy efficiency credits; issuing a plurality of energy efficiency credits to the entities; establishing a trading system to facilitate the sale and purchase of the financial instruments; and requiring entities to comply with the reduction schedule by making operational improvements or acquiring and surrendering credits to thus increase the efficiency of energy use in turn reducing greenhouse gas emissions.
    Type: Grant
    Filed: June 28, 2010
    Date of Patent: October 8, 2019
    Assignee: Chicago Climate Exchange, Inc
    Inventors: Michael Walsh, Richard L. Sandor, Jeffrey K. O'Hara
  • Patent number: 7734531
    Abstract: Computer-based methods for promoting sulfur dioxide futures contracts trading are described. The methods include creating a sulfur financial instrument for use by approved parties to trade sulfur emissions allowances and selling the sulfur financial instrument to an approved buyer who desires to acquire the amounts of the sulfur dioxide emissions allowances. The sulfur financial instrument represents allocated amounts of sulfur emissions allowances that include a future year sulfur dioxide allowance vintage.
    Type: Grant
    Filed: October 17, 2005
    Date of Patent: June 8, 2010
    Assignee: Chicago Climate Exchange, Inc.
    Inventors: Richard Sandor, Michael Walsh
  • Patent number: 7343341
    Abstract: Systems and methods for facilitating trading of emission allowances and offsets among participants are described. In some embodiments, methods of facilitating such trading include establishing an emissions reduction schedule for certain participants based on emissions information provided by those participants and determining debits or credits for each participant in order to achieve the reduction schedule.
    Type: Grant
    Filed: January 14, 2005
    Date of Patent: March 11, 2008
    Assignee: Chicago Climate Exchange, Inc.
    Inventors: Richard Sandor, Michael Walsh, Murali Kanakasabai
  • Publication number: 20080015976
    Abstract: Systems and methods for facilitating trading of emission allowances and offsets among participants are described. In some embodiments, methods of facilitating such trading include establishing an emissions reduction schedule for certain participants based on emissions information provided by those participants and determining debits or credits for each participant in order to achieve the reduction schedule.
    Type: Application
    Filed: August 17, 2007
    Publication date: January 17, 2008
    Applicant: Chicago Climate Exchange, Inc.
    Inventors: Richard Sandor, Michael Walsh, Murali Kanakasabai