Development of the circumpolar territories of the Russian Federation

Abstract

This article considers the possibility of sustainable development of the eastern territories of Russia from the Ural to the Pacific Ocean, which concentrate the overwhelming part of the country’s natural resources. An approach for the development of economic policy, making optimal economic decisions in the field of assessing the prevented damage is presented. It is noted that the underestimation of environmental parameters leads to a distortion of the analysis of economic development through traditional indicators of the gross national product, etc., the growth of which may cover the environmental degradation. A new method for assessing the prevented economic damage during environmental protection measures was proposed, which takes into account various technical and design features of dust cleaning systems. By using the proposed methodology it seems possible to assess the expected damage to the environment, the economic efficiency of the project being developed, and select the most profitable area for the location of dust-cleaning equipment at the design stage. A criterion for evaluating the effectiveness when comparing installations of various designs were proposed.