Abstract: The General Equation for Non-Equilibrium Reversible-Irreversible Coupling (GENERIC) provides structure of mesoscopic multiscale dynamics that guarantees emergence of equilibrium states. Similarly, a lift of the GENERIC structure to iterated cotangent bundles, called a rate GENERIC, guarantees emergence of the vector fields that generate the approach to equilibrium. Moreover, the rate GENERIC structure also extends Onsager's variational principle. The MaxEnt (Maximum Entropy) principle in the GENERIC structure becomes the Onsager variational principle in the rate GENERIC structure. In the absence of external forces, the rate entropy is a potential that is closely related to the entropy production. In the presence of external forces when the entropy does not exist, the rate entropy still exists. While the entropy at the conclusion of the GENERIC time evolution gives rise to equilibrium thermodynamics, the rate entropy at the conclusion of the rate GENERIC time evolution gives rise to rate thermodynamics. Both GENERIC and rate GENERIC structures are put into the geometrical framework in the first paper of this series. The rate GENERIC is also shown to be related to Grad's hierarchy analysis of reductions of the Boltzmann equation. Chemical kinetics and kinetic theory provide illustrative examples. We introduce rate GENERIC extensions (and thus also Onsager-variational-principle formulations) of both chemical kinetics and the Boltzmann kinetic theory.
