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Jeremy Rifkin, president of the Foundation on Economic trends, advisor to the European Union (EU) and author of the book The Hydrogen Economy has stated that a Third Industrial Revolution based upon hydrogen will create millions of jobs . According to Rifkin, the world is approaching the sunset of the oil era and in the next 25 years, many businesses involved in renewable energy will wholeheartedly accept the hydrogen economy. Rifkin has stated that the EU is leading the US and all other countries by mandating that 20-percent renewable energy be used, across the board, by the year 2020. Speaking in Dublin a couple of weeks ago, Rifkin stated, ...to remain dependent of fossil fuels will have ominous consequences for the future of human civilization and the ecosystems of the earth. Every government needs to explore new energy paths and establish new economic models with the goal of achieving as close to zero carbon emissions as possible. As in his book, Rifkin has stated that so far every industrial revolution has coincided with a communications revolution. The first industrial revolution, paired up coal powered steam technology and the printing press.

Gas and diesel prices are expected to keep climbing as they trace the path of crude, which has surged to new records for six trading sessions in a row. And the worst may be still to come...

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