Peak Oil/Sustainability
What is the Tragedy of the Commons?
This technical term comes from days gone past when all villagers held a piece of land in ‘common’, each villager was able to put as many animals to graze upon it as they wished. For any individual, the situation was clear:
“If I put one more animal on the common, I would improve my lot”.
Trouble arose when every villager acted upon that calculation, with the end result that the common became over-grazed, the animals were weak through malnourishment and the common land became threadbare.
The situation remained however for any individual: another animal was a bonus.
Thus individual advantage was inevitably accompanied by village poverty.
Energy Economics and Fossil Fuels
The Oil Drum (Economics of Oil/Gas)
The Oil Drum | Don’t count on natural gas to solve US energy problems.
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Posted Jun 1, 2010 by Richard Heinberg
In August of 2009 Governor David A. Paterson signed Executive Order No. 24 setting a goal to reduce greenhouse gas emissions in New York State by 80 percent below the levels emitted in 1990 by the year 2050. The Executive Order also created the New York Climate Action Council (CAC) with a directive to prepare a draft Climate Action Plan by September 30, 2010. The Climate Action Plan will assess how all economic sectors can reduce greenhouse gas (GHG) emissions and adapt to climate change. The Plan will also identify the extent to which such actions support New York’s goals for a clean energy economy.