If more universities support this kind of policies, the momentum could break the current problem of priced access to results of research that are not in any way, paid by the journal publishers. As indicated by the article, peer reviewers are not paid for that, and so merely the editors are paid in due course. However, charging for the price of what an article needs, is far from what the cost could really justify itself with.
Just have a thought, do we really need journal publishers these days? It was once a time we don't have any means than print publishing to exchange views, now we have the series of tubes to do so.