I have recently come across a very practical example of a kind of “tragedy of the commons”—the unwillingness to invest in assets that benefit stakeholders indiscriminately. Specifically, on large strata-title apartment projects there is a reluctance to implement such measures as:
- central hot water heating (~ 10% lower all-up costs, ~20% lower operating costs)
- Solar hot water heating (>20% ROI)
- Solar electric power (~10% ROI)
UNLESS some kind of user-pays system is implemented, which would use up pretty much all of the gains.
The concern is of course that providing the above systems would create a “commons” that would tend to be exploited.
I am curious if there are any ideas on a usable solutions, perhaps some kind of workable protocol that would enable the above, or existing success stories—what made them work?
A kind or reverse “tragedy of the commons”—any solution ideas?
I have recently come across a very practical example of a kind of “tragedy of the commons”—the unwillingness to invest in assets that benefit stakeholders indiscriminately. Specifically, on large strata-title apartment projects there is a reluctance to implement such measures as:
- central hot water heating (~ 10% lower all-up costs, ~20% lower operating costs)
- Solar hot water heating (>20% ROI)
- Solar electric power (~10% ROI)
UNLESS some kind of user-pays system is implemented, which would use up pretty much all of the gains.
The concern is of course that providing the above systems would create a “commons” that would tend to be exploited.
I am curious if there are any ideas on a usable solutions, perhaps some kind of workable protocol that would enable the above, or existing success stories—what made them work?