Assessing the long-run availability of copper

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dc.contributor.authorTilton, John E.
dc.contributor.authorLagos, Gustavo
dc.date.accessioned2024-01-10T12:04:21Z
dc.date.available2024-01-10T12:04:21Z
dc.date.issued2007
dc.description.abstractThis study questions recent research [Gordon, R.B., Bertram, M., Graedel, T.E., 2006. Metal stocks and sustainability. Proc. Natl. Acad. USA 103(5), 1209-1214] that concludes that the world is likely to experience a growing scarcity of copper over this century. In particular, it focuses on the methodology used in this work that assumes the usable copper contained in the earth is a fixed amount. While the fixed-stock paradigm is intuitively appealing-after all the earth is finite so the amount of any commodity it contains must also be finite-and used with some frequency by others as well to assess long-run trends in the availability of non-renewable mineral resources, it is flawed and can lead to overly pessimistic as well as overly optimistic expectations. A more useful and appropriate approach, the opportunity-cost paradigm, assesses long-run trends in availability by real prices or alternative measures of what society has to give up or sacrifice to obtain another ton of copper or barrel of oil. This approach indicates that copper could conceivably become less scarce by the end of the century. Whether this will be the case or whether copper will be more scarce, however, depends on a number of factors, including the future course of technological change, whose influence no one can predict with any degree of certainty decades in advance. (c) 2007 Elsevier Ltd. All rights reserved.
dc.fechaingreso.objetodigital09-04-2024
dc.format.extent5 páginas
dc.fuente.origenWOS
dc.identifier.doi10.1016/j.resourpol.2007.04.001
dc.identifier.issn0301-4207
dc.identifier.urihttps://doi.org/10.1016/j.resourpol.2007.04.001
dc.identifier.urihttps://repositorio.uc.cl/handle/11534/75769
dc.identifier.wosidWOS:000249161700002
dc.information.autorucIngeniería;Lagos GE;S/I;99352
dc.issue.numero1-2
dc.language.isoen
dc.nota.accesoContenido parcial
dc.pagina.final23
dc.pagina.inicio19
dc.publisherELSEVIER SCI LTD
dc.revistaRESOURCES POLICY
dc.rightsacceso restringido
dc.subjectcopper
dc.subjectmineral depletion
dc.subjectscarcity
dc.subject.ods12 Responsible Consumption and Production
dc.subject.odspa12 Producción y consumo responsable
dc.titleAssessing the long-run availability of copper
dc.typeartículo
dc.volumen32
sipa.codpersvinculados99352
sipa.indexWOS
sipa.indexScopus
sipa.trazabilidadCarga SIPA;09-01-2024
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