Recently, Verisae, a carbon software company based in Minneapolis, acquired a patent for recording and reporting carbon emissions. Carbon Accounting software is growing fast, as the demand for it is increasing at a rapid pace.
Even big companies like SAP and Microsoft are making moves to create their own Carbon Accounting software.
In this highly competitive industry, where big players like Microsoft and SAP are coming up with their own products, Verisae has an obvious advantage, and it wants the rest of the companies to know.
HARA software, backed by Al-Gore, is also a Carbon Accounting software startup. Its web-based software tracks the resources used by the company, like electricity and water, and emissions like carbon and other waste.
The software then forecasts future emissions and helps a company choose ways to reduce them, like new lights or a different type of refrigerator. It tracks its progress and creates an audit trail.
What implication will the patent acquired by Verisae will have on other Carbon Accounting software companies then? "Whether other companies ought to be worried is hard to say. Should they be aware of this? Yes," said patent attorney Eric Lane.
The patent claim by Verisae describes a very general method for tracking and accounting carbon emissions. Basically, other companies cannot make a product that has a process similar to the one described by Verisae. But they can create their own way of tracking and accounting for carbon emissions.
6 comments:
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Hello,
My name is Bill Hawthorne, and I represent maacenter.org, a leading web resource for asbestos exposure and mesothelioma cancer information. Our organization is dedicated to increasing awareness of the terrible health consequences of asbestos exposure through the distribution of the best informational materials and public outreach efforts.
I found your site through a search and decided to contact you because of its high environmental and green presence which is extremely important in our movement. Your viewers are extremely savvy and motivated. The promotion of how buildings should now be built using green products to avoid asbestos and mesothelioma as well as the awareness of past buildings and preventative steps in avoiding asbestos exposure are extremely important. My goal is to get a resource link on your site.
I look forward to hearing from you. Please feel free to check out our website at www.maacenter.org. Thank you for your time and consideration.
Bill
bhawthorne@maacenter.org
Hi All- I am a software designer and was looking over the posts, some very interesting things about the Carbon Token Trades and a software that will track the Carbon Tokens. Would it be at all possible to adapt an already developed software for this task. Possibly just create or develop a module for a leading accounting software to track the trade of Carbon Tokens?
Just a thought::
DVT
@ Bill Hawthorne - I will be glad to link back to your website
@ HID lighting industry - It is very much possible, in fact Microsoft is developing a software module along these lines and rest are sure to follow
Thanks for mentioning carbon accounting software. In addition to Verisae, SAP, and Hara, another company that people can look at is Carbonetworks. www.carbonetworks.com
Has anyone used any of them? I realize they model carbon footprint, but how extensively can they perform predictive modeling of future emissions and integrate market data to offer technology investment versus offsetting decision support?
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