Land Rehabilitation

AAA

DEFINITION of 'Land Rehabilitation'

A re-engineering process that attempts to restore an area of land back to its natural state after it has been damaged as a result of some sort of disruption. The process involves such things as removing all man-made structures, toxins and other dangerous substances, improving the soil conditions and adding new flora.

INVESTOPEDIA EXPLAINS 'Land Rehabilitation'

Although land rehabilitation is most often used to rectify problems caused by man-made processes such as mining, oil drilling and other petrol-chemical related processes, it is also used to "clean up" natural processes. For example, natural disasters such as earthquakes and flooding can also cause damage to the natural environment. Land rehabilitation techniques can be used to speed up the amount of time necessary to restore the location to back to its original state.

The demand for reclamation or rehabilitation has increased during the last few decades as resource firms become increasingly environmentally conscious and new environmental-protection laws are introduced. However, rehabilitation can be a very costly process, especially if there is a toxic cleanup involved.

RELATED TERMS
  1. Reclamation

    The right to reclaim property in the event of non-payment, fraud ...
  2. Externality

    A consequence of an economic activity that is experienced by ...
  3. Social Responsibility

    The idea that companies should embrace its social responsibilities ...
  4. Rust Bowl

    A geographic region that was formerly a manufacturing or industrial ...
  5. Oil Sands

    Sand and rock material which contains crude bitumen (a heavy, ...
  6. Abatement Cost

    A cost borne by many businesses for the removal and/or reduction ...
RELATED FAQS
  1. What is the relationship between oil prices and inflation?

    The price of oil and inflation are often seen as being connected in a cause and effect relationship. As oil prices move up ... Read Full Answer >>
Related Articles
  1. Active Trading

    Commodities: The Portfolio Hedge

    These diverse asset classes can provide downside protection and upside potential. Find out how to use them.
  2. Forex Education

    Commodity Prices And Currency Movements

    Find out which currencies are most affected by fluctuations in gold and oil prices, and improve your trading.
  3. Economics

    What's Expansionary Policy?

    Expansionary policy is a macroeconomics concept that focuses on expanding the economy to counteract cyclical downturns. Expansionary policy can be implemented in one of two ways, or a combination ...
  4. Economics

    What's a Producer Surplus?

    In economics, producer surplus is the difference between the price at which the producer actually sells a product and the minimum price the producer would have accepted for the product. The surplus ...
  5. Economics

    What is Deflation?

    Deflation is an economic term used to describe a period of declining prices for goods and services. Decreases in the money supply, government spending, consumer demand and business investment ...
  6. Economics

    What's Demand Elasticity?

    Demand elasticity is the measure of how demand changes as other factors change. Demand elasticity is often referred to as price elasticity of demand because price is most often the factor used ...
  7. Economics

    Law of Supply

    The law of supply is one of the most fundamental principles in microeconomics. According to the law of supply, for all other things remaining constant, the higher the price of a good or service, ...
  8. Economics

    What's a Subsidy?

    A subsidy is a benefit given to an individual, business or institution, typically by the government. Subsidies are given to promote a social good or an economic policy. The government usually ...
  9. Economics

    What's Stagflation?

    Stagflation is the term for an economic period of slow growth, relatively high unemployment and rising prices. Other indicators of stagflation are reductions in gross domestic product and other ...
  10. Economics

    What's Utility?

    Utility has two meanings depending on the context.

You May Also Like

Hot Definitions
  1. Fixed Cost

    A cost that does not change with an increase or decrease in the amount of goods or services produced. Fixed costs are expenses ...
  2. Subsidy

    A benefit given by the government to groups or individuals usually in the form of a cash payment or tax reduction. The subsidy ...
  3. Sunk Cost

    A cost that has already been incurred and thus cannot be recovered. A sunk cost differs from other, future costs that a business ...
  4. Technical Skills

    1. The knowledge and abilities needed to accomplish mathematical, engineering, scientific or computer-related duties, as ...
  5. Prepaid Expense

    A type of asset that arises on a balance sheet as a result of business making payments for goods and services to be received ...
  6. Gordon Growth Model

    A model for determining the intrinsic value of a stock, based on a future series of dividends that grow at a constant rate. ...
Trading Center