Distributed Renewable Energy as the 3rd Industrial Revolution

I just came across an interesting interview that radio host Diane Rehm did with Jeremy Rifkin, author of The Third Industrial Revolution.  The excerpts below lay out his vision for an energy future that is decentralized and democratized. (He also notes that this vision has just emerged in the past two to four years, but we've been around since 1974...).

The book is organized around five pillars of the third industrial revolution:

Pillar one, renewable energy. Pillar two, your buildings become your own power plants. Pillar three, you have to store it with hydrogen. And then Pillar four…the internet communication revolution completely merges with new distributing energies to create a nervous system…Pillar five is electric plug-in transport...

when distributed Internet communication starts to organize distributed energies, we have a very powerful third industrial revolution that could change everything...

You can find some renewable energy in every square inch of the world. So how do we collect them? … If renewable energies are found in every square inch of the world in some frequency or proportion, why would we only collect them in a few central points? ...

[it] jump starts the European economy, that's the idea. Millions and millions and millions of jobs. Thousands of small and medium-sized enterprises have to convert 190 million buildings to power plants over the next 40 years...

That's the vision: a decentralized energy system can be democratized with local ownership, spreading the production of energy and the economic benefits as widely as the renewable energy resource itself.

Source: 

The Diane Rehm Show

Publication Date: 

Tue, September 27, 2011 (All day)