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for the confused, here's the key: > For the entire duration of the contract, the Beneficiary pays a part of the energy savings generated to the E.s.Co. This gi

for the confused, here's the key: > For the entire duration of the contract, the Beneficiary pays a part of the energy savings generated to the E.s.Co. This gives a return on the initial investment. > The greater the energy savings obtained by the Beneficiary, the greater the returns for the Esco and the Contributors, since the savings generated are the actual financial performance of the initial investment. So, contractors figure out how to make a company more energy efficient, and in return they get a cut of the savings they saved the company. > the company can use EFFORCE to look for the necessary crowdfunding to proceed with the energy redevelopment projects, in exchange for sharing the savings generated.

saeranv 6y ago
Ignoring the blockchain aspect of this for a second, the underlying model her makes me a little hopeful it can tackle some of the more frustrating problems I've experienced in designing energy-efficient buildings, if it ever catches on. In the building construction industry, there's a huge gap between an optimal energy performing construction and what finally gets built, due to the immense reluctance of clients to deal with the upfront cost or uncertainty associated with newer, high-performing constructions and technologies. It's somewhat mitigated in the commercial sector since commercial clients have incentive to "brand" their buildings as sustainable, but it's depressing as hell in the residential sector. Although it would definitely be harder (albeit, have way more impact) to use the EFFORCE model during new construction versus retrofits.
- eeZah7Ux 6y ago
  > immense reluctance of clients to deal with the upfront cost or uncertainty This is why human society invented regulations.
  - saeranv 6y ago
    Unfortunately human society also created conservatives, so we're not actually able to implement regulations.
hutzlibu 6y ago
Ok, so this makes sense: "So, contractors figure out how to make a company more energy efficient, and in return they get a cut of the savings they saved the company." Which is why it is a real world job. And companies contract such people to either want to save money on their own, or because they have to, because of some law. "> the company can use EFFORCE to look for the necessary crowdfunding to proceed with the energy redevelopment projects, in exchange for sharing the savings generated. " But this and the whole need of the blockchain, sounds so vague and overly complicated and the outcome either, that I doubt, you find enough gullible people, wanting to do the hassle of studying it with enough detail, to not oversee some nasty catch, costing you even more in the end, than you could ever save. Because Efforce ... wants to somehow make money, too.

saeranv 6y ago

Ignoring the blockchain aspect of this for a second, the underlying model her makes me a little hopeful it can tackle some of the more frustrating problems I've experienced in designing energy-efficient buildings, if it ever catches on. In the building construction industry, there's a huge gap between an optimal energy performing construction and what finally gets built, due to the immense reluctance of clients to deal with the upfront cost or uncertainty associated with newer, high-performing constructions and technologies. It's somewhat mitigated in the commercial sector since commercial clients have incentive to "brand" their buildings as sustainable, but it's depressing as hell in the residential sector. Although it would definitely be harder (albeit, have way more impact) to use the EFFORCE model during new construction versus retrofits.

eeZah7Ux 6y ago
> immense reluctance of clients to deal with the upfront cost or uncertainty This is why human society invented regulations.
- saeranv 6y ago
  Unfortunately human society also created conservatives, so we're not actually able to implement regulations.

hutzlibu 6y ago

Ok, so this makes sense: "So, contractors figure out how to make a company more energy efficient, and in return they get a cut of the savings they saved the company." Which is why it is a real world job. And companies contract such people to either want to save money on their own, or because they have to, because of some law. "> the company can use EFFORCE to look for the necessary crowdfunding to proceed with the energy redevelopment projects, in exchange for sharing the savings generated. " But this and the whole need of the blockchain, sounds so vague and overly complicated and the outcome either, that I doubt, you find enough gullible people, wanting to do the hassle of studying it with enough detail, to not oversee some nasty catch, costing you even more in the end, than you could ever save. Because Efforce ... wants to somehow make money, too.