Imagine a group of 100 fisherman faced with declining stocks and worried about the sustainability of their resource and their livelihoods. One of them works out that the total sustainable catch is about 20% of what everyone is catching now (with some uncertainty of course) but that if current trends of increasing catches (about 2% a year) continue the resource would be depleted in short order. Faced with that prospect, the fishermen gather to decide what to do. The problem is made more complicated because some groups of fishermen are much more efficient than the others. The top 5 catchers, catch 20% of the fish, and the top 20 catch almost 75% of the fish. Meanwhile the least efficient 50 catch only 10% of the fish and barely subsist. Clearly, fairness demands that the top catchers lead the way in moving towards a more sustainable future.
The tragedy of climate commons

