Abstract
The work highlights the effects of environmental pollution. The methods of economic appraisal of natural resources include the market, rental, cost-based methods, approach on the basis of the alternative cost and on the basis of the general economic value. It is proposed to apply the cost concept to assess the value of land contaminatedby oil and oil products. To assess the economic damage caused to land resources, the authors recommend using the alternative cost approach. Based on the estimated (possible) damage to agriculture and using the results of experimental data of electrochemical purification of oil-contaminated lands, the authors estimated the one-time costs and compared them with the results of calculations of the economic damage caused to land resources.
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