commons
/ˈkɒmənz/
Definition
A shared natural resource—in this case, the Earth's atmosphere—that is available for collective use rather than being owned by any single entity.
Etymology
Originating from the Middle English 'communes,' it descends from the Old French 'commun.' It historically referred to land or resources subject to common use by members of a community, a concept that has evolved to apply to global environmental assets.
In the news
The article uses the term to describe the atmosphere as a finite resource that all countries have a right to share, arguing that Europe has already exhausted its fair portion of this collective space. It emphasizes that those who have over-consumed their share have a responsibility to assist others who still need the space to develop.
Climate fairness, economic development, and Europe’s responsibility
Read the full article ↗CEPR