Method and system for water quality trading
US7062406B2 · kind B2 · utility
15Cited by
1References
29Claims
0Family size
Assignee
Inventors
Key dates
| Filing date | Nov 13, 2003 |
| Grant date | Jun 13, 2006 |
| Priority date | — |
| Expiry date | May 1, 2024 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q10/06
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method and system for calculating trading ratios between a buyer and a seller of water quality pollutant load credits. The water quality trading system (“WQTS”) inputs a definition of watershed and land uses of the watershed. The WQTS then calculates the load credits (e.g., the difference between total maximum daily load of the pollutant and the actual load needed) of applying various controls (e.g., best management practices and treatments) to the point sources and non-point sources of the watershed. The load credits take into consideration the uncertainty of the calculated loads.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.