SYSTEM AND METHOD FOR MONETIZING BIO-BASED CO2 UPTAKE
A method for converting the ecologica) value of bio-based processes (such as growth, harvest, distribution, processing and/or recycling) with CO2 positive effects into economic value through the sale of CO2 allowances, the method comprising the steps of first calculating a total weight of CO2 uptake...
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Format: | Patent |
Sprache: | eng |
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Zusammenfassung: | A method for converting the ecologica) value of bio-based processes (such as growth, harvest, distribution, processing and/or recycling) with CO2 positive effects into economic value through the sale of CO2 allowances, the method comprising the steps of first calculating a total weight of CO2 uptake by multiplying a standard weight of the CO2 uptake per season of growth per surface unit of land area assigned for the growth of a crop, such as industrial fiber hemp, by the total surface of the area, then establishing a price per weight unit of CO2 and finally multiplying the established price by the calculated total weight of the CO2 uptake. |
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