Jeremy Rifkin on Industrial Policy

Today, Internet technology and renewable energies are beginning to merge to create a new industrial infrastructure for a Third Industrial Revolution (TIR) that will change the way power is distributed in the 21st century. In the coming era, hundreds of millions of people will produce their own green energy in their homes, offices, and factories and share it with each other in an "Energy Internet,"-a distributed smart grid-just like we now generate and share information online. The establishment of a Third Industrial Revolution industrial infrastructure will create thousands of new businesses and millions of jobs and lay the basis for a sustainable global economy in the 21st century. The democratization of energy will also bring with it a fundamental reordering of human relationships, impacting the very way we conduct business, govern society, educate our children, and engage in civic life.

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