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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.