Journal article

Publication year: 2021

Journal: PLoS ONE

Volume number: 16

Issue number: 4

ISSN: 1932-6203

Open access status: Gold

DOI Link: https://doi.org/10.1371/journal.pone.0248882

Publisher: Public Library of Science

Abstract: 
While sand has become a scarce essential resource for construction and land reclamation worldwide, its extraction causes severe ecological damage and high social costs. To derive policy solutions to this paramount global challenge with broad applicability, this model-based analysis exemplarily studies sand trade from Southeast Asia to Singapore. Accordingly, a coordinated transboundary sand output tax reduces sand mining to a large extent, while the economic costs are small for the sand importer and slightly positive for the exporters. As a novel policy implementation approach, a "Sand Extraction Allowances Trading Scheme" is proposed, which helps sustainably balance the importer's economic growth with the exporters' economic development.

Harvard Citation style: Huebler, M. and Pothen, F. (2021) Can smart policies solve the sand mining problem?, PLoS ONE, 16(4), Article e0248882. https://doi.org/10.1371/journal.pone.0248882

APA Citation style: Huebler, M., & Pothen, F. (2021). Can smart policies solve the sand mining problem?. PLoS ONE. 16(4), Article e0248882. https://doi.org/10.1371/journal.pone.0248882