Group items tagged

Scientists in Alberta have found evidence that oilsand operations have been sending toxins into the atmosphere for decades. Also, levels of toxins in Namur Lake have tripled since 1960. Critics have raised serious concern over the rising pollution in our atmosphere and lakes. This relates to our lesson for the week because the atmospher and lakes are common access resources. They are open to the common. These resources are becoming depleted because of the overuse of these resources.

It is a very interesting article because it is a very recent theme. In the last week I read that the soot is three times more polluting than the scientist though. It is a very good example of negative externality of production. The toxins in the atmosphere are negative externalities for third parties. The company will produce at q1 concerned in their own cost. The MSC is higher than the MPC and there is a welfare lost from Q1 to the equilibrium point. I think that commons must be protected and to achieve it the government must intervene to save the atmosphere and the lakes because it is our planet and we must save it.

This is a good article talking about the tragedy of commons in both rural and urban areas, where mostly, the tragedy tends to happen in cities. For the instance, usually they are: traffic jams, and green hose gases.The author also states some possible solutions for those problems.

Over consumption has caused the nation of Kuwait, a country rich with fish, to have fish levels of near-depletion. Few years ago, Kuwait was abundant with fish and the fishermen gave 2 kg of fish when consumers bought only 1 kg. Near the end of the day, the fishermen would just leave the fish out for takes because there were no refrigerators to prolong the life of a caught fish. Yet, this over consumption of fish has depleted the water of fish. Several organizations and environmentalists have been trying to raise awareness for over consumption and this tragedy of the commons.