Carbon dioxide pipeline
AssigneeEUGENE HOOPER and BRITT GILBERT
InventorsBritt R. Gilbert, Eugene N. Hooper
Life of this patent
Estimating the term…
Abstract
Carbon dioxide emissions into the atmosphere are reduced and activities requiring CO2, such as enhanced oil field recovery, are promoted, by collecting CO2 in a pipeline from at least two different CO2 production facilities and delivering the CO2 through the pipeline to one or more CO2 consumption facilities. Carbon dioxide emission reduction credit associated with the transfer of CO2 through the pipeline is tracked.
Claims31
A method of reducing CO2 emissions to the atmosphere, the method comprising
- collecting in a pipeline CO2 from at least two CO2 production facilities having different methods of CO2 production;
- and
- delivering the CO2 through the pipeline to at least one CO2 consumption facility, wherein
- the pipeline extends between the at least two CO2 production facilities and the at least one CO2 consumption facility.
A method of reducing CO2 emissions to the atmosphere, the method comprising
- collecting in a pipeline CO2 from at least two CO2 production facilities each separated by 0.5 or more miles;
- and
- delivering the CO2 through the pipeline to at least one CO2 consumption facility, wherein
- the pipeline extends between the at least two CO2 production facilities and the at least one CO2 consumption facility.
A system for tracking CO2 emission reduction credit, the system comprising
- a processor having a communications interface;
- and
- a memory configured to hold therein computer executable instructions that, when executed by the processor, implement
- a message reception mechanism configured to receive a message from one or more of at least two CO2 production facilities and a pipeline operation facility regarding an amount of CO2 introduced by the at least two CO2 production facilities into a pipeline operated by the pipeline operation facility,
- an account recording mechanism configured to allocate a predetermined amount of CO2 emission reduction credit to one or more of the at least two CO2 production facilities and the pipeline operation facility for the CO2 introduced into the pipeline,
- a labeling mechanism configured to assign an identification to the amount of CO2 emission reduction credit, and
- an exchange mechanism configured to assign ownership of the amount of the CO2 emission reduction credit to another entity in exchange for the another entity providing a predetermined asset to one or more of the at least two CO2 production facilities and the pipeline operation facility.
A computer implemented method for tracking emission reduction credits, the method comprising steps of
- receiving a message at a controller from one or more of at least two CO2 production facilities and a pipeline operation facility regarding an amount of CO2 introduced by the at least two CO2 production facilities into a pipeline operated by the pipeline operation facility;
- allocating a predetermined amount of CO2 emission reduction credit to one or more of the at least two CO2 production facilities and the pipeline operation facility for the CO2 introduced into the pipeline;
- associating an identification to the amount of CO2 emission reduction credit;
- and
- assigning ownership of the amount of CO2 emission reduction credit to another entity in exchange for the another entity providing a predetermined asset to one or more of the at least two CO2 production facilities and the pipeline operation facility.
Dependencies are inferred from the claim text.