Tost, Michael, Murguia, Diego, Hitch, Michael, Lutter, Franz Stephan, Luckeneder, Sebastian, Feiel, Susanne, Moser, Peter. 2019. Ecosystem services costs of metal mining and pressures on biomes. The Extractive Industries and Society. 7 (1), 79-86.
BibTeX
Abstract
Metal mining has significant impacts on the land it uses. With increasing demand for metals, these impacts will continue to intensify. One way to look at land use and related environmental impacts is the concept of ecosystem services (ES), defined as the benefits people derive from services provided by ecosystems. This paper estimates the costs of the reduction of ES due to metal mining`s global land use by analysing four key metal ores – bauxite (aluminium), copper, gold and iron, and by doing so, provides also novel information from which biomes those metals are extracted. The overall ES cost caused by metal mining is estimated at about USD 5.4 billion/year (2016), with about two thirds in forested areas. If added to prices, it would lead to increases of between 0.8 % and 7.9 % for the four commodities studied. The authors do not understand ES valuation as a market-based, stand-alone tool to lower the land impact of metal mining. Other policy tools would have to play a leading role, such as zoning regulations, environmental minimum standards or closure legislation. However, it would be a useful support for such policy tools in all stages of mining where land use aspects play a role.
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Status of publication | Published |
---|---|
Affiliation | WU |
Type of publication | Journal article |
Journal | The Extractive Industries and Society |
Citation Index | SSCI |
Language | English |
Title | Ecosystem services costs of metal mining and pressures on biomes |
Volume | 7 |
Number | 1 |
Year | 2019 |
Page from | 79 |
Page to | 86 |
Reviewed? | Y |
URL | https://www.sciencedirect.com/science/article/pii/S2214790X19302813?via%3Dihub |
DOI | http://dx.doi.org/10.1016/j.exis.2019.11.013 |
Open Access | N |
Associations
- Projects
- FINEPRINT (Spatially explicit material footprints: Fine-scale assessment of Europe's global environmental and social impacts)
- People
- Lutter, Franz Stephan (Details)
- Luckeneder, Sebastian (Details)
- External
- Feiel, Susanne (Chair of Mining Engineering and Mineral Economics, Montanuniversitaet Leoben, Austria)
- Hitch, Michael (School of Science, Department of Geology, Mining Division, Tallinn University of Technology, Estonia)
- Moser, Peter (Chair of Mining Engineering and Mineral Economics, Montanuniversitaet Leoben, Austria)
- Murguia, Diego (Universidad de Buenos Aires, Facultad de Ciencias Económicas, Buenos Aires, Argentina)
- Tost, Michael (Chair of Mining Engineering and Mineral Economics, Montanuniversitaet Leoben, Austria)
- Organization
- Institute for Ecological Economics IN (Details)