While the Green New Deal has become a lightning rod in the
political sphere, there is a parallel movement emerging within the
business community that will shake the very foundation of the
global economy in coming years. The key sectors that make up the
infrastructure of the economy are fast-decoupling from fossil fuels
in favor of solar and wind energies that are becoming ever-cheaper.
New studies are sounding the alarm about the prospect of 100
trillion dollars in stranded assets that are creating a carbon
bubble likely to burst by 2028 - causing the collapse of the fossil
fuel civilisation. The marketplace is speaking and governments will
need to respond if they are to survive and prosper. In The Green
New Deal, New York Times bestselling author and renowned economic
theorist Jeremy Rifkin delivers the political narrative and
economic plan for the Green New Deal that we need at this critical
moment in history. The concurrence of a stranded fossil fuel assets
bubble and a green political vision opens up the possibility of a
massive shift to a post-carbon ecological era, in time to prevent a
temperature rise that will tip us over the edge into runaway
climate change. With twenty-five years of experience implementing
Green New Deal-style transitions for both the European Union and
the People's Republic of China, Rifkin offers his vision for how to
transform the global economy and save life on Earth.
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