IDEAS home Printed from https://ideas.repec.org/a/eee/jrpoli/v96y2024ics0301420724006007.html
   My bibliography  Save this article

Towards green extraction: Assessing the social and economic progress and challenges of green mining in China for policy formulation

Author

Listed:
  • Ma, Siqi
  • Wang, Canghong
  • Liu, Jiaze
  • Zhu, Liang
  • Jhonson, Andrew

Abstract

The primary objective of this study is to assess and scrutinize the progress and efficacy of green mining practices in China. This analysis aims to contribute to the creation and execution of efficient policies that promote sustainable mining. In this context, four broad categories of sixteen indicators have been employed in the study, which include scientific and technological innovation indicators to prioritize the development of cleaner extraction technologies and sustainable energy solutions, ecological protection indicators to target the prevention of land degradation and biodiversity, harmony indicator to focuse on activities aimed at engaging stakeholders and developing the community, and safety indicators to stress the promotion of occupational health and the avoidance of accidents. The relationship between various levels was gauged using the Analytical Hierarchy Process along with the entropy weight method during 2009–2022. Moreover, sub-indexes scores and weighted values have been derived, in addition to determining the relation between sub-systems using the coupling of subsystems coordination model. The results indicate that (1) China's geen mining industry has shown positive growth on year-to-year basis despite asymmetric changes in development. (2) Subsytems in China's green mining industry lack consistency and inter-coordination. (3) There exist various hurdles in the fields of administration and management of China's green mining industry development.

Suggested Citation

  • Ma, Siqi & Wang, Canghong & Liu, Jiaze & Zhu, Liang & Jhonson, Andrew, 2024. "Towards green extraction: Assessing the social and economic progress and challenges of green mining in China for policy formulation," Resources Policy, Elsevier, vol. 96(C).
    • Handle: RePEc:eee:jrpoli:v:96:y:2024:i:c:s0301420724006007
    DOI: 10.1016/j.resourpol.2024.105233
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301420724006007
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.resourpol.2024.105233?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Pinglin He & Yulong Sun & Ying Zhang & Tao Li, 2020. "COVID–19’s Impact on Stock Prices Across Different Sectors—An Event Study Based on the Chinese Stock Market," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 56(10), pages 2198-2212, August.
    2. Gulley, Andrew L., 2022. "One hundred years of cobalt production in the Democratic Republic of the Congo," Resources Policy, Elsevier, vol. 79(C).
    3. Aristizabal-H, Gustavo & Goerke-Mallet, Peter & Kretschmann, Jürgen & Restrepo-Baena, Oscar Jaime, 2023. "Sustainability of coal mining. Is Germany a post-mining model for Colombia?," Resources Policy, Elsevier, vol. 81(C).
    4. Cambini, Carlo & Congiu, Raffaele & Jamasb, Tooraj & Llorca, Manuel & Soroush, Golnoush, 2020. "Energy Systems Integration: Implications for public policy," Energy Policy, Elsevier, vol. 143(C).
    5. Mudd, Gavin M., 2010. "The Environmental sustainability of mining in Australia: key mega-trends and looming constraints," Resources Policy, Elsevier, vol. 35(2), pages 98-115, June.
    6. Jinhui Chen & Izhar Mithal Jiskani & Aiguo Lin & Chaocheng Zhao & Peixing Jing & Fengjie Liu & Mingyin Lu, 2023. "A hybrid decision model and case study for comprehensive evaluation of green mine construction level," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(4), pages 3823-3842, April.
    7. Jiskani, Izhar Mithal & Cai, Qingxiang & Zhou, Wei & Ali Shah, Syed Ahsan, 2021. "Green and climate-smart mining: A framework to analyze open-pit mines for cleaner mineral production," Resources Policy, Elsevier, vol. 71(C).
    8. Adam, Tim R. & Fernando, Chitru S. & Salas, Jesus M., 2017. "Why do firms engage in selective hedging? Evidence from the gold mining industry," Journal of Banking & Finance, Elsevier, vol. 77(C), pages 269-282.
    9. Hongcheng Shen & Zihao Yang & Yuxin Bao & Xiaonuan Xia & Dan Wang, 2022. "Impact of Urban Mining on Energy Efficiency: Evidence from China," Sustainability, MDPI, vol. 14(22), pages 1-16, November.
    10. Hengjie Xu & Qiang Mei & Fakhar Shahzad & Suxia Liu & Xingle Long & Jingjing Zhang, 2020. "Untangling the Impact of Green Finance on the Enterprise Green Performance: A Meta-Analytic Approach," Sustainability, MDPI, vol. 12(21), pages 1-16, October.
    11. Gallo, Andres & Mason, Paul & Shapiro, Steve & Fabritius, Michael, 2010. "What is behind the increase in oil prices? Analyzing oil consumption and supply relationship with oil price," Energy, Elsevier, vol. 35(10), pages 4126-4141.
    12. Anu, & Singh, Amit Kumar & Raza, Syed Ali & Nakonieczny, Joanna & Shahzad, Umer, 2023. "Role of financial inclusion, green innovation, and energy efficiency for environmental performance? Evidence from developed and emerging economies in the lens of sustainable development," Structural Change and Economic Dynamics, Elsevier, vol. 64(C), pages 213-224.
    13. Abban, Abdul Rashid & Hasan, Mohammad Zahid, 2021. "The causality direction between environmental performance and financial performance in Australian mining companies - A panel data analysis," Resources Policy, Elsevier, vol. 70(C).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Shaohui Zou & Jiahang Xie, 2024. "Tripartite Evolutionary Game Analysis of Green Coal Mining: Insights from Central Environmental Protection Inspection," Sustainability, MDPI, vol. 16(24), pages 1-25, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Gholami, Alireza & Tokac, Batur & Zhang, Qian, 2024. "Knowledge synthesis on the mine life cycle and the mining value chain to address climate change," Resources Policy, Elsevier, vol. 95(C).
    2. Wang, Yilei & Cheng, Sheng & Cao, Yan, 2022. "How does economic policy uncertainty respond to the global oil price fluctuations? Evidence from BRICS countries," Resources Policy, Elsevier, vol. 79(C).
    3. Yukun Cao & Jingxuan Cai & Xiangyue Liu, 2024. "RETRACTED ARTICLE: Advancing toward a sustainable future: assessing the impact of energy transition, circular economy, and international trade on carbon footprint," Economic Change and Restructuring, Springer, vol. 57(2), pages 1-26, April.
    4. Adomako, Samuel & Tran, Mai Dong, 2022. "Sustainable environmental strategy, firm competitiveness, and financial performance: Evidence from the mining industry," Resources Policy, Elsevier, vol. 75(C).
    5. Yin, Lijie & Yi, Jianzhou & Lin, Yibin & Lin, Decai & Wei, Baojun & Zheng, Youye & Peng, Hao, 2024. "Evaluation of green mine construction level in Tibet based on entropy method and TOPSIS," Resources Policy, Elsevier, vol. 88(C).
    6. Endl, Andreas & Tost, Michael & Hitch, Michael & Moser, Peter & Feiel, Susanne, 2021. "Europe's mining innovation trends and their contribution to the sustainable development goals: Blind spots and strong points," Resources Policy, Elsevier, vol. 74(C).
    7. Skare, Marinko & Gavurova, Beata & Sinkovic, Dean, 2023. "Regional aspects of financial development and renewable energy: A cross-sectional study in 214 countries," Economic Analysis and Policy, Elsevier, vol. 78(C), pages 1142-1157.
    8. Bachiller, Patricia & Boubaker, Sabri & Mefteh-Wali, Salma, 2021. "Financial derivatives and firm value: What have we learned?," Finance Research Letters, Elsevier, vol. 39(C).
    9. Jammazi, Rania, 2012. "Oil shock transmission to stock market returns: Wavelet-multivariate Markov switching GARCH approach," Energy, Elsevier, vol. 37(1), pages 430-454.
    10. Alan Mee & Madeleine Lyes & Philip Crowe, 2021. "Energy Urbanity and Active Citizen Participation," Energies, MDPI, vol. 14(20), pages 1-20, October.
    11. Nurudeen Abu & Awadh Ahmed Mohammed Gamal & Musa Abdullahi Sakanko & Ana Mateen & David Joseph & Ben-Obi Onyewuchi Amaechi, 2021. "How have COVID-19 Confirmed Cases and Deaths Affected Stock Markets? Evidence from Nigeria," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 15(1), February.
    12. Prelorentzos, Arsenios-Georgios N. & Konstantakis, Konstantinos N. & Michaelides, Panayotis G. & Xidonas, Panos & Goutte, Stephane & Thomakos, Dimitrios D., 2024. "Introducing the GVAR-GARCH model: Evidence from financial markets," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 91(C).
    13. Pauli Lappi & Markku Ollikainen, 2019. "Optimal Environmental Policy for a Mine Under Polluting Waste Rocks and Stock Pollution," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 73(1), pages 133-158, May.
    14. Jialei Jiang & Eun-Mi Park & Seong-Taek Park, 2021. "The Impact of the COVID-19 on Economic Sustainability—A Case Study of Fluctuation in Stock Prices for China and South Korea," Sustainability, MDPI, vol. 13(12), pages 1-17, June.
    15. Suripto & Supriyanto, 2021. "The Effect of the COVID-19 Pandemic on Stock Prices with the Event Window Approach: A Case Study of State Gas Companies, in the Energy Sector," International Journal of Energy Economics and Policy, Econjournals, vol. 11(3), pages 155-162.
    16. Llorca, Manuel & Rodriguez-Alvarez, Ana, 2024. "Economic, environmental, and energy equity convergence: Evidence of a multi-speed Europe?," Ecological Economics, Elsevier, vol. 219(C).
    17. Ayaz, Muhammad & Jehan, Noor & Nakonieczny, Joanna & Mentel, Urszula & uz zaman, Qamar, 2022. "Health costs of environmental pollution faced by underground coal miners: Evidence from Balochistan, Pakistan," Resources Policy, Elsevier, vol. 76(C).
    18. Vásáry, Viktória & Szabolcs, Biró, 2020. "Long-term vision of rural areas in Hungary, focusing on foresights," Rural Areas and Development, European Rural Development Network (ERDN), vol. 17.
    19. Sabani, Nazmie & Bales, Stephan & Burghof, Hans-Peter, 2024. "On the different impact of local and national sources of policy uncertainty on sectoral stock volatility," Research in International Business and Finance, Elsevier, vol. 72(PB).
    20. Movagharnejad, Kamyar & Mehdizadeh, Bahman & Banihashemi, Morteza & Kordkheili, Masoud Sheikhi, 2011. "Forecasting the differences between various commercial oil prices in the Persian Gulf region by neural network," Energy, Elsevier, vol. 36(7), pages 3979-3984.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jrpoli:v:96:y:2024:i:c:s0301420724006007. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/30467 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.