Michael Carus, in his latest paper on the process of industrial change from a fossil-fuel-based system to one founded on renewable energy, cites the concept of “creative destruction,” taken from the work of Austrian economist Joseph Schumpeter. Rather than being seen as an error, destruction is necessary in bringing about a new functional order. According to Carus, leader of the nova-Institute based in Huerth: “in order to stop climate change we need a new and comprehensive economic structure of raw materials supply towards renewable carbon.” The position paper, co-written by Carus and his colleague Achim Raschka, is entitled “Renewable Carbon is Key to a Sustainable and Future-Oriented Chemical Industry,” and can count amongst its supporters important figures such as ...