Tragedy of the Commons Essay Example | Topics and Well Written Essays - 250 words - 1

Tragedy of the Commons - Essay ExampleBetter and cheaper solutions must be developed and political support should be at all levels to deal with this problem.2) The extraction of fossil fuels such(prenominal) as drilling of oil or mining is not considered a tragedy of commons because the resource that is being extracted is not being stored in fact, individuals are using it as per their needs. The term tragedy of commons was initially operate to describe the all over usage of the available resource. In todays world, the usage of oil consumption for example, has exceeded to great extent. Therefore, to fill this need extraction of such resources is necessary. Nevertheless, the general view of the economists is that fossil fuels are a tragedy of commons because due to its usage the natural resources become extinct. However, the stress is upon usage and not upon over usage. Therefore, it can be said that it is not a tragedy of commons rather it is a need that is larger than the availabi lity of the resource (Sustainable