Automated transactional carbon offsetting
AssigneeInternational Business Machines Corporation
InventorsRick A. Hamilton, II, James R. Kozloski, Brian M. O'Connell, Clifford A. Pickover, Keith R. Walker
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AssigneeInternational Business Machines Corporation
InventorsRick A. Hamilton, II, James R. Kozloski, Brian M. O'Connell, Clifford A. Pickover, Keith R. Walker
Estimating the term…
Methods, including service methods, articles of manufacture, systems, articles and programmable devices are provided for linking and utilizing monetary and carbon credit accounts through a programmable arbitrating device providing a transaction interface to the buyer. A composite price is set for an item having a monetary portion and a carbon credit portion, a buyer executing a purchase of the item through an input to the arbitrating device transaction interface, the arbitrating device automatically charging a monetary payments from the buyer's monetary account, carbon credit payments from the buyer's carbon credit account, a difference between the payments and the composite price debited to the buyer's carbon credit account balance for a monetary value of the difference as a function of a monetary-carbon exchange rate, or to the buyer's monetary account for a carbon credit value of the difference as a function of the monetary-carbon exchange rate.
A method for linking and utilizing monetary and carbon credit accounts in consideration of a transaction, comprising:
A method for linking and utilizing monetary and carbon credit accounts in consideration of a transaction, comprising:
A programmable device comprising:
Dependencies are inferred from the claim text.