Impact-based cost-benefit analysis model for management of crude oil contaminated agricultural soil Online publication date: Sat, 13-Dec-2014
by Victor N. Ogugua; Charles C. Egolum; Nwanma B. Onyike; Ikechukwu N.E. Onwurah
International Journal of Environment and Waste Management (IJEWM), Vol. 10, No. 2/3, 2012
Abstract: Evaluating the compensation payable to farmers whose farms/farmlands have been rendered unproductive due to oil spill requires adequate scientific research and improved decision-making. This work proposes a bacterial-based mathematical framework as a decision-support system for evaluating crude oil spill impact on agricultural soil. The rate of 'in situ' biodegradation of the crude oil predicts the half-life of the spilled crude oil in the soil ecosystem while the inherent toxicity of the spilled oil provided the impact value (E), which was integrated into a version of Cost-Benefit Analysis (CBA) model referred to as Impact-Based Cost-Benefit Analysis (IBCBA) that can be used for computing the adequate compensation payable. Scientific research initiatives that may engender integrated management of crude oil-contaminated agricultural soil are highlighted.
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