Patents by Inventor Richard Sandor

Richard Sandor 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).

  • Publication number: 20100250311
    Abstract: A computer-implemented method for determining an accurate amount of total emissions or other attributes of an internal entity within a regulated jurisdiction for a specified time period that includes calculating an amount of emissions or other attributes produced by the internal entity for the specified time period; calculating an amount of emissions or other attributes associated with purchases from other entities for the specified time period; and combining the calculated amounts of emissions or other attributes to yield an amount of total emissions or attributes of the internal entity for the specified time period.
    Type: Application
    Filed: June 10, 2010
    Publication date: September 30, 2010
    Inventors: Richard Sandor, Michael Walsh
  • 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
  • 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
  • Publication number: 20090083176
    Abstract: Computer-implemented methods for allocating risks from major developments are described. The methods include identifying one or more future major developments with economic impact; identifying a parameter to indicate that each of the developments has or has not occurred; creating a contractual instrument that is based on the occurrence or non-occurrence of the one or more major developments; and trading the instrument. A contractual instrument based upon on an occurrence or non-occurrence of one or more major developments in electronic form and tradable in the methods is also described.
    Type: Application
    Filed: October 31, 2008
    Publication date: March 26, 2009
    Inventors: Richard SANDOR, Michael Walsh
  • Publication number: 20090043653
    Abstract: Computer-implemented methods of facilitating the reduction of environmental pollutants are described. The methods include selling a debt instrument to a purchaser, investing proceeds from the sale of the debt instrument in activities that generate tradable environmental or energy credits, and repaying the purchaser in whole or in part with funds produced by sale of the environmental or energy credits. Methods of enhancing the viability of debt instruments in financing environmental improvements are also described. The methods include issuing a debt instrument to a purchaser, investing proceeds from the sale of the debt instrument in activities that generate tradable environmental or energy credits, providing a guarantee that the purchaser will be repaid, and repaying the purchaser.
    Type: Application
    Filed: April 1, 2008
    Publication date: February 12, 2009
    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
  • Publication number: 20070192221
    Abstract: The present invention is directed to a computer-operated method for determining the present value of a futures contract for a commodity. The method includes selecting an expiration date for the futures contract, calculating a customized interest rate factor based on interest rates surveyed from a plurality of lending institutions, and applying the customized interest rate factor to the futures contract price to determine the present value.
    Type: Application
    Filed: February 6, 2007
    Publication date: August 16, 2007
    Inventors: Richard Sandor, Michael Walsh, Murali Kanakasabai
  • Publication number: 20070016511
    Abstract: A method for facilitating the future sale of a commodity is described. The technique includes creating a tradable when-allocated allowance voucher, and selling the voucher at a set present price to a buyer who desires to acquire the amounts of the commodity at the future date. The voucher represents allocated allowance amounts of a commodity that is expected to be available at a future date.
    Type: Application
    Filed: October 26, 2005
    Publication date: January 18, 2007
    Inventors: Michael Walsh, Richard Sandor
  • Publication number: 20060184445
    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; determining debits or credits for each certain participant in order to achieve the reduction schedule; creating financial instruments representing such debits and credits; and conducting trades of such financial instruments to transfer emission debits and credits between the participants to enable the certain participants to meet the reduction schedule. Also, trades of emission debits and credits are conducted between the participants to enable the certain participants to meet the reduction schedule.
    Type: Application
    Filed: January 12, 2006
    Publication date: August 17, 2006
    Inventors: Richard Sandor, Michael Walsh, Murali Kanakasabai
  • Publication number: 20050246190
    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: January 14, 2005
    Publication date: November 3, 2005
    Inventors: Richard Sandor, Michael Walsh, Murali Kanakasabai