In its summary letter, HEPAP expressed its strong support for SCOAP3, contingent upon its sustainability and reversibility.
Sustainability is a SCOAP3 pillar....
The SCOAP3 initiative will redirect funds which are today used for subscriptions to HEP journals into an explicit payment for the organization of the peer-review service and the other value that journals add to pre-prints. The SCOAP3 model will achieve Open Access out of funds that are already in use, today, to provide content to library users, rather than requiring new sources of funding. It is thus sustainable by construction....
Peter Suber at 2/01/2008 09:11:00 PM.
The open access movement:
Putting peer-reviewed scientific and scholarly literature
on the internet. Making it available free of charge and
free of most copyright and licensing restrictions.
Removing the barriers to serious research.