The tragedy of the commons is a dilemma arising from the situation in which multiple individuals, acting independently and rationally consulting their own self-interest, will ultimately deplete a shared limited resource, even when it is clear that it is not in anyone's long-term interest for this to happen. This dilemma was first described in an influential article titled "The Tragedy of the Commons," written by ecologist Garrett Hardin and first published in the journal Science in 1968. (more from wikipedia).
The Third Way: Advanced biofuels as a system of systems
It's a variation on the Tragedy of the Commons. Now, you may rightly also ask, what have you separated out companies like Amyris and LS9 for, when everyone knows they are making products using pure sugarcane ? the dread shared, fungible feedstock? ...
(more from biofuelsdigest.com).
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