Anti-Green OA propaganda?

I shall present this without comment for now:

“The second model is known as the ‘Green Road’. It might be described as “no one pays” and thus is unlikely to be sustainable. The basic idea is that in response to the demand for public access, research funders mandate grantees to post articles for free access, on publication or after an embargo period. There are two obvious problems with this policy. Making available copies for free access will undermine the economic base of the publication. If much of the contents of a journal, albeit in an inferior version, can be found over the internet within, say, six months of publication why should a library continue to subscribe? In addition, once the publisher taken the article through a process of selection and improvement supported by peer review, it has a copyright interest in the final version. Not sufficiently widespread yet to undermine paid circulations, the Green Road could become a serious problem: we could land up with several versions of an article available on repositories with no proper stewardship, and libraries will be more inclined to cancel subscriptions.”

Bob Campbell, Senior Publisher and Cliff Morgan, VP Planning and Development – Wiley-Blackwell