PROBABILISTIC CARBON CREDITS CALCULATOR

• Main Author: SMITH, MATTHEW JAMES
• Format: Patent
• Language: English; French; German
• Published: 14.10.2015
• Subjects: CALCULATING; CLIMATE CHANGE MITIGATION TECHNOLOGIES IN THE PRODUCTION ORPROCESSING OF GOODS; COMPUTING; COUNTING; DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES; ELECTRIC DIGITAL DATA PROCESSING; GENERAL TAGGING OF CROSS-SECTIONAL TECHNOLOGIES SPANNING OVER SEVERAL SECTIONS OF THE IPC; GENERAL TAGGING OF NEW TECHNOLOGICAL DEVELOPMENTS; PHYSICS; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR; TECHNICAL SUBJECTS COVERED BY FORMER USPC CROSS-REFERENCE ART COLLECTIONS [XRACs] AND DIGESTS; TECHNOLOGIES FOR ADAPTATION TO CLIMATE CHANGE; TECHNOLOGIES OR APPLICATIONS FOR MITIGATION OR ADAPTATION AGAINSTCLIMATE CHANGE

A probabilistic carbon credits calculator may be used to calculate carbon credit monetary values for specified geographical areas, time periods, land uses, climate scenarios and other factors. For example, different land use scenarios may be assessed in terms of carbon credit monetary value to aid decisions about whether to return pasture to forest, whether to deforest an area and other such land use decisions. In various embodiments, predictions of terrestrial carbon amounts and certainty of those predictions are obtained from a carbon model and the predictions may be compared with comparison data and combined with carbon credit market data or other financial estimates of carbon value. In various examples the comparison data comprises empirical data and/or carbon model predictions. In various embodiments, certainty of predictions and/or comparison data is used to assess certainty of calculated carbon credit monetary values.