Patents by Inventor Jeffrey K. O'Hara

Jeffrey K. O'Hara has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • 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
  • Publication number: 20130173350
    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: Application
    Filed: June 28, 2010
    Publication date: July 4, 2013
    Inventors: Michael Walsh, Richard L. Sandor, Jeffrey K. O'Hara
  • Publication number: 20100332275
    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: Application
    Filed: June 28, 2010
    Publication date: December 30, 2010
    Inventors: Michael Walsh, Richard L. Sandor, Jeffrey K. O'Hara
  • Publication number: 20100023442
    Abstract: A derivative financial instrument is created which facilitates the reallocation of a risk caused by the occurrence of an event or condition. For example, a system, method, and media are directed to allocating risks of water shortages. A computer-readable financial instrument is established based on a water availability score that is calculated from one or more types of hydrological factors, a settlement value function, and a settlement date. The financial instrument is configured to transfer, on the settlement date, a cash or physical commodity amount to a buyer or seller of the instrument as determined by the contract specification if the score is zero, or a positive or negative number or within a specified range of positive or negative values.
    Type: Application
    Filed: July 24, 2009
    Publication date: January 28, 2010
    Inventors: Jeffrey K. O'Hara, Richard Sandor, Michael Walsh