论文信息 - Viewpoint: Sustainable development and mineral resources

Viewpoint: Sustainable development and mineral resources

Abstract This article examines the application of the principle of sustainable development to mineral resources. Assuming the substitutability of reproducible capital for minerals, sustainability can be achieved by saving and reinvesting each year an amount equal to the present value of the annual net revenue (after deducting extraction costs) from the sale of the mineral products. This saving could be assured by an appropriate tax on annual revenue.

Raymond F. Mikesell | R. Mikesell

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