Green New Deal, The

- Blurb -

An urgent, workable plan to confront climate change and transform America's economy for a post-fossil fuel world from the New York Times bestselling author of The Third Industrial Revolution A new vision for America's future is quickly taking root. The Green New Deal has caught fire in activist circles and become a central focus of the Democratic Party, setting the agenda for a new political movement. And, while the details of the Green New Deal remain to be hashed out, it has inspired the Millennial generation, now the largest voting bloc in the country, to lead America on the issue of climate change.While the Green New Deal has become an overnight sensation, it takes on added weight in lieu of a parallel movement within the global business community. Behind the scenes, key sectors of the American economy--telecommunication, electric utilities, mobility and transportation, and real estate--are quickly decoupling from fossil fuels as solar and wind near-parity in cost. Though this is good news for the environment, new studies are sounding the alarm about the prospect of 100 trillion dollars in stranded assets in the fossil fuel industry--money in pension funds that will simply disappear--as the economy abandons the old energies in favor of the new, creating a carbon bubble that is likely to burst by 2028.In The Green New Deal, New York Times bestselling author and renowned economic and social theorist Jeremy Rifkin delivers the political narrative and technical framework for the critical national conversation in our midst. The coinciding of a stranded assets bubble and a greener political vision opens up the possibility of a massive global infrastructure shift into a post-carbon ecological era, hopefully in time to prevent a global temperature rise that will tip us over the edge into runaway climate change. With twenty years of experience at the forefront of enacting green transitions for both the European Union and the People's Republic of China, Rifkin offers his indispensable wisdom in a blueprint for Congress to save the nation--and the world--before it is too late.