In 1968 Garrett Hardin described a commons shared by all where herders could graze their cows without cost. With no cost each herder was incentivized to graze more and more cows until the ability of the commons to feed them collapsed.
The Tragedy of the Climate Commons, so far, is that there has been no cost to spew carbon dioxide into the atmosphere. Therefore, all nations and all industries are incentivized to pollute until the climate is collapsing. An answer is to charge for pollution: Cap and Trade. This de-incentivizes pollution, but very slowly. Cap and Trade still provides for the polluters to destroy the climate commons, only more slowly and expensively. We want more energy and we are willing to destroy the future climate for convenience and energy wealth today.
But there is an unlimited commons; the flux of solar energy in space. All can grab as much as possible without diminishing the whole. The only limit is in the most favorable positions in Geo Synchronous Orbit and these will go to the first to exploit this commons.