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Mineral resource extraction and resource sustainability: Policy initiatives for agriculture, economy, energy, and the environment

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  • Wang, Shuang
  • Yang, Lihong

Abstract

The depletion of minerals is a growing problem that significantly impacts the availability of natural resources. Mineral resource extraction plays a vital role in the global economy, providing essential raw materials for various sectors such as agriculture, energy, and the environment. The extraction of minerals is critical to sustainability, but it does come with risks and challenges, such as environmental degradation. This paper examines the nexus of mineral resource extraction and sustainability in China from 1971 to 2019, using GDP per capita, fossil fuel energy consumption, and CO2 emissions as moderator variables. The result explains that mineral depletion, agriculture value-added, and economic growth are positively associated with natural resources. At the same time, fossil fuel energy consumption and CO2 emissions are negatively related to natural resources. Overall, policy initiatives focusing on mineral resource extraction and resource sustainability are necessary to ensure the long-term health of agriculture, economy, energy, and the environment. By instituting regulations and incentives that support sustainable practices, we can provide the responsible use of mineral resources and preserve the domain. By investing in research and development, China can ensure the continued availability of mineral resources while promoting sustainable energy sources and protecting the environment.

Suggested Citation

  • Wang, Shuang & Yang, Lihong, 2024. "Mineral resource extraction and resource sustainability: Policy initiatives for agriculture, economy, energy, and the environment," Resources Policy, Elsevier, vol. 89(C).
    • Handle: RePEc:eee:jrpoli:v:89:y:2024:i:c:s0301420724000242
    DOI: 10.1016/j.resourpol.2024.104657
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