Environmental remediation in the context of "Ecological accounting"

⭐ In the context of environmental accounting, costs directly related to environmental remediation are specifically included as what type of financial consideration?

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⭐ Core Definition: Environmental remediation

Environmental remediation is the cleanup of hazardous substances dealing with the removal, treatment and containment of pollution or contaminants from environmental media such as soil, groundwater, sediment. Remediation may be required by regulations before development of land revitalization projects. Developers who agree to voluntary cleanup may be offered incentives under state or municipal programs like New York State's Brownfield Cleanup Program. If remediation is done by removal the waste materials are simply transported off-site for disposal at another location. The waste material can also be contained by physical barriers like slurry walls. The use of slurry walls is well-established in the construction industry. The application of (low) pressure grouting, used to mitigate soil liquefaction risks in San Francisco and other earthquake zones, has achieved mixed results in field tests to create barriers, and site-specific results depend upon many variable conditions that can greatly impact outcomes.

Remedial action is generally subject to an array of regulatory requirements, and may also be based on assessments of human health and ecological risks where no legislative standards exist, or where standards are advisory.

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👉 Environmental remediation in the context of Ecological accounting

Environmental accounting is a subset of accounting proper, its target being to incorporate both economic and environmental information. It can be conducted at the corporate level or at the level of a national economy through the System of Integrated Environmental and Economic Accounting, a satellite system to the National Accounts of Countries (among other things, the National Accounts produce the estimates of gross domestic product otherwise known as GDP).

Environmental accounting is a field that identifies resource use, measures and communicates costs of a company's or national economic impact on the environment. Costs include costs to clean up or remediate contaminated sites, environmental fines, penalties and taxes, purchase of pollution prevention technologies and waste management costs.

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In this Dossier

Environmental remediation in the context of Environmental protection

Environmental protection, or environment protection, refers to the taking of measures to protecting the natural environment, prevent pollution and maintain ecological balance. Action may be taken by individuals, advocacy groups and governments. Objectives include the conservation of the existing natural environment and natural resources and, when possible, repair of damage and reversal of harmful trends.

Due to the pressures of overconsumption, population growth and technology, the biophysical environment is being degraded, sometimes permanently. This has been recognized, and governments have begun placing restraints on activities that cause environmental degradation. Since the 1960s, environmental movements have created more awareness of the multiple environmental problems. There is disagreement on the extent of the environmental impact of human activity, so protection measures are occasionally debated.

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Environmental remediation in the context of Micro-irrigation

Micro-irrigation, also called Micro-spray,localized, low-volume, low-flow, or trickle irrigation, is an irrigation method with lower water pressure and flow than a traditional sprinkler system. Low-volume irrigation is used in agriculture for row crops, orchards, and vineyards. It is also used in horticulture in wholesale nurseries, in landscaping for civic, commercial, and private landscapes and gardens, and in the science and practice of restoration ecology and environmental remediation. The lower volume allows the water to be absorbed into slow-percolation soils such as clay, minimizing runoff.

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Environmental remediation in the context of Bioremediation

Bioremediation broadly refers to any process wherein a biological system (typically bacteria, microalgae, fungi in mycoremediation, and plants in phytoremediation), living or dead, is employed for removing environmental pollutants from air, water, soil, fuel gasses, industrial effluents etc., in natural or artificial settings. The natural ability of organisms to adsorb, accumulate, and degrade common and emerging pollutants has attracted the use of biological resources in treatment of contaminated environment. In comparison to conventional physicochemical treatment methods bioremediation may offer advantages as it aims to be sustainable, eco-friendly, cheap, and scalable.

Most bioremediation is inadvertent, involving native organisms. Research on bioremediation is heavily focused on stimulating the process by inoculation of a polluted site with organisms or supplying nutrients to promote their growth. Environmental remediation is an alternative to bioremediation.

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LINKED FROM (PARENTS)
← Environmental protection ← Ecological accounting ← Ecological preservation ← Micro-irrigation ← Bioremediation
LINKS TO (CHILDREN)
Polychlorinated biphenyls → Cleaning → Hazardous → Pollution → Contaminant → Natural environment → Soil → Groundwater → Sediment → Incentive → Waste management → Slurry wall → Pressure grouting → Soil liquefaction → San Francisco → Remedial action → Regulatory → Health → Ecology →