http://www.euractiv.com/en/energy/jeremy-rifkin-europe-lead-third-industrial-revolution/article-170005Jeremy Rifkin: 'Europe can lead the third industrial revolution'
Published: Thursday 31 January 2008
Climate change and the depletion of oil reserves are taking place faster than expected and the policies we are putting in place will be insufficient to keep up, leading economist Jeremy Rifkin told EurActiv.fr in an interview, where he pleads for the EU to lead the way towards a “Third Industrial Revolution”.
Leading US economist Jeremy Rifkin is president of the Foundation on Economic Trends.To read a shortened version of this interview, please click here.You presented a survey called "Leading the Way to the Third Industrial Revolution". What does this third industrial revolution mean?We are now in the twilight, in the sunset of an energy regime. Sunsets take a long time and we're going to still have this energy regime for some time in the 21st century, but the externalities are building up quickly. Climate change increases rapidly in developing countries because of the price of oil and gas going up on the markets. If we think we're taking a hit, with prices going up to $90-100, imagine what's going on in developing countries today. That's the untold story actually - added to political instability in all the regimes of the countries producing oil and gas.
The first thing that hits you about the third climate report of the United Nations (UN) is the speed and acceleration of this climate change. What is clear is that it is happening faster than the models can keep up. The second report said that we'd probably see the snow disappearing in the Everglades by the 22nd century. The third report shows that it will now disappear in the first 30 years of the 21st century. The second report said we'll see more intense hurricanes in the Caribbean and the Gulf Stream in the 22nd century. The new report says we are doubling the intensity of hurricanes already now in the 21st century, giving the example of Katrina.
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