What you described just seems like a form of financing. Companies would presumably invest in energy saving and get some future savings which they can use to repay the financing. Companies can (and many do) already tap existing credit lines to invest in projects that save them energy (costs).
I'm reminded of Matt Levine's comments on crypto:
> The blockchain-y reinvention of everything in the financial world -- money, contracts, companies -- is fascinating and impressive and, viewed from a certain angle, adorable. But sometimes it could stand to learn from what has gone before. After all, the elements of finance -- money, contracts, companies -- have already been invented. Perhaps their historical development might hold some lessons for their re-inventors.
A price already exists on energy and companies have an incentive to reduce their energy consumption if only to save money. Maybe you don't agree with the price, or maybe you don't agree with the cost of financing, but those two levers you can more directly control and certainly don't require blockchain
I'm reminded of Matt Levine's comments on crypto:
> The blockchain-y reinvention of everything in the financial world -- money, contracts, companies -- is fascinating and impressive and, viewed from a certain angle, adorable. But sometimes it could stand to learn from what has gone before. After all, the elements of finance -- money, contracts, companies -- have already been invented. Perhaps their historical development might hold some lessons for their re-inventors.
A price already exists on energy and companies have an incentive to reduce their energy consumption if only to save money. Maybe you don't agree with the price, or maybe you don't agree with the cost of financing, but those two levers you can more directly control and certainly don't require blockchain
[0] https://www.bloomberg.com/opinion/articles/2016-05-17/blockc...