According to the climate choice is clear: political pressure on the economy increases. You must be green. But the industry itself a variety of initiatives for environmentally-friendly solutions. Bloss: what does the green economy of the 21st century. Century, specifically from? And what does it cost? “It is carbon-free and produced cheaper than it is today,” says the American star economist Jeremy Rifkin (74) in an interview with SonntagsBlick. So he describes is not a distant future – on the contrary: “by 2028, our fossil fuel world will be replaced by a digital green civilization.”

In his new book, “The global Green New Deal,” outlined a lot of the basic features of this civilization, which seems to be just in his home country, far removed from reality: From 2012 to 2019, the American crude oil production doubled from 5.5 million to twelve million barrels per day. The US Oil export champion of the world.

But since this summer, the Boom comes to a Halt. Oil prices fall, investors turn to oil and gas companies go broke.

Giant carbon bubble will burst

“This is only the beginning,” says Rifkin. “The Era of fossil fuels is coming to an end.” The Oil industry has to reckon with stranded assets in the amount of 100 trillion dollars – money that will be destroyed, because the companies remain on your Oil sit. “It is a huge carbon bubble. And they will burst.”

The reason: The four key sectors of communications, electricity, mobility, and real estate decouple from the old fuels. Rifkin: “Solar and wind energy are already cheaper than coal and Gas. A Showdown with the fossil energy sector is programmed.” And the market reacts: The tech giants Google, Facebook and Apple to cover the huge power requirements of their data centres today, with sustainable energy. Other companies are following suit.

What is threatening oil rigs and Pipelines, blooms the internal combustion engines: “by 2025 electric vehicles will be cheaper than gas,” says Economist Rifkin. “Petrol cars are in front of the From.” The automotive industry meets concrete preparations to send them into retirement. Volkswagen has allocated 80 billion Euro for the Transition to E-cars. By 2025, the group aims to bring 50 new battery-powered vehicle models on the market. BMW makes 50 billion a locker for twelve new E-models. That’s not enough. Jeremy Rifkin is convinced: “In future, we will be moving in driverless cars on smart road systems.” Basis for this is the Internet, which not only plays in traffic, a Central role is. Communication, energy, mobility and logistics are digitally linked. The infrastructure is embedded and the Internet of things, in all private, commercial and public buildings. Rifkin expects this to result in a drastic increase in overall energy efficiency and productivity. A total digitized green world by the intelligent power network up to the Autonomous vehicle but this is Science Fiction!

pension funds will increase by

“no,” replied Dirk Helbing (54), the ETH-Professor of Computational Social Science. “A spread of the Internet of things is upon us, in fact.” Digitization is a powerful catalyst, but it need a rethink: “The old must give way to each other to be one with each other, a Sharing Economy, resources and information.”

Free the all is not. The switch to green energy, E-cars and connected cities costs billions. How can the Transition to Finance? “Reinvestment,” says Jeremy Rifkin, and refers to the pension funds. You are the world’s most important Investor with the largest capital pool. Still a lot of to invest of them in the fossil energy industry. “If the carbon bubble bursts, it will be devastating for millions of workers.” More and more pension funds get from fossil fuels and invest in renewable. Rifkin: “It is the largest reinvestment movement in the history of capitalism.”

Massimo Filippini (56), ETH Zurich Professor of energy Economics, confirmed the Trend. “More and more banks, investment funds and pension funds rely on Green Finance.”

Good conditions in Switzerland

The market alone is not going to fix it, believes Economist Rifkin. “The policy must ensure that new laws and impulses – with incentives and sanctions.” In Switzerland, the conditions were good. In fact, From the new Parliament in Bern, such pulses are expected. “The mandate from the electorate is clear,” says political scientist Lukas Golder (45), Co-head of the GFS Bern. “Now strong characters are needed in Parliament to propose a green bridge to the economy.”

In the United States is likely to be more difficult. The Öllobby has a powerful ally: Donald Trump. Has Jeremy Rifkin sent to the President a copy of his book? “No. I’m not sure if he can read.”