High copper prices, the prospect of a transition to a more sustainable energy mix and increasing copper demands from emerging economies have not let to an increased attention to the base metal copper in mineral scarcity discussions. The copper system is well documented, but especially regarding the demand of copper many uncertainties exist. In order to create insight in this systems behaviour in the coming 40 years, an Exploratory System Dynamics Modelling and Analysis study was performed. Three different models have been developed representing different views on copper supply and demand. The behaviour of these models shows crisis-like behaviour for the copper price, and often a declining consumption of refined copper. Six different policy options have been explored, individually and in combinations, for their robustness in counteracting undesirable behaviours. The results of these tests are that emphasising recycling, and the development of strategic reserves are potentially helpful.

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Date created

• 2012 July 22-2012 July 26

Type

• Document

Processing Activity

• Processing documentation available at: https://wiki.albany.edu/display/SCA/Processing+Ingested+Digital+Files

License

• Creative Commons BY-NC-ND Attribution-NonCommercial-NoDerivs 4.0 International

  
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ITEM CONTEXT

Part of

ab062956a014e30aaf02b44e9d33088e

Scope and Contents

Part of

23d738ba88f8333bc39725f9cb5bd0b8

Scope and Contents

Part of

b90fd81032b7dbf0c9f90f3dc3a33f1c

Scope and Contents

Collection

System Dynamic Society Records

Scope and Contents

Collecting area

• This collection is part of the University Archives