Impact on Economy
Note: counts do not include items in sub-categories
This presentation prepared by appraiser Michael McCann examines the various studies that look at property value impacts near operating wind energy facilities. In this case, Mr. McCann looks at the Tipton County, Indiana ordinance and the effects of the proposed Juwi Wind project known as Prairie Breeze Wind Farm. The project was ultimately approved by Tipton County but a condition was placed on the permit that requires the developer guarantee there will be no negative effect on property values. The full presentation can be accessed at the links at the bottom of this page.
This report by the California Milton Marks “Little Hoover” Commission, an independent state oversight agency, calls on State leaders to direct the state’s energy organizations to assess the cumulative impact of recent major energy-related policies on electricity rates and reliability and whether these policies are achieving California’s energy and environmental goals. An excerpt of the executive summary is provided below. The full report can be found by clicking on the links at the bottom of this page.
This case study investigates the impact of wind turbines on residential property values. The study looks at homes near the Melancthon Wind Facility located in Shelburne, Ontario, Canada. The project was built in two phases between 2006 and 2008. It consists of 133 GE 1.5 megawatt turbines with a total nameplate capacity of 200 megawatt. Excerpts of the report appear below. The full case study can be accessed by clicking on the link at the bottom of the page.
This important document examines the Section 1603 cash grant program relative to job creation. The report states that most current methods used to calculate jobs created by Section 1603 are largely unreliable. What accurate jobs data that exists for Section 1603 shows that it produces very few long-term jobs. Also, Section 1603 has resulted in higher costs to the taxpayer than previously anticipated. The executive summary of the report is provided below. To access the full report, click on the link(s) at the bottom of this page.
Resolution #2012-14 was adopted by the City of Kingsville through a unanimous vote of its City Commission. The resolution states the City of Kingsville opposes the construction of industrial wind turbines (wind farms) in the City of Kingsville and in Kleberg County. The full resolution can be accessed by clicking on the links at the bottom of this page.
Fox Island Wind Neighbors, representing homeowners living near the three 1.5 megawatt wind turbines on the Island of Vinalhaven off the coast of Maine, delivered an analysis of local electric rates to the administration of Governor Paul LePage demonstrating that the highly acclaimed turbines -- promised to be a cost savings to ratepayers-- are instead costing ratepayers more than if they had never been built. To access the documents click on the links at the bottom of this page.
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The engineering consultancy Mott MacDonald was commissioned by Department of Energy and Climate Change (DECC) in the UK to update the electricity generation costs in 2009. In its report released June 2010, the firm calculated the “levelised generation costs” for several technologies including wind power. In this report, economist Ruth Lea, examines these Government-commissioned estimates of costs to calculate the most cost-effective technologies.
Dr. Michaels' testimony before Congress concerning the economics that underlies H.R. 2915, and the consequences of repealing the Western Area Power Administration’s (WAPA) $3.25 billion borrowing authority under The American Reinvestment and Recovery Act of 2009. His testimony explains the realities of renewables as a source of job creation.
One of the UK's leading energy and environment economists warns that the government's promise that green energy policies will create tens of thousands of jobs and stimulate competitive industries is an illusion.
In his report The Myth of Green Jobs, published today by the Global Warming Policy Foundation, Professor Gordon Hughes (University of Edinburgh) dispels this assumption. The summary of findings is posted below. The full report can be downloaded by clicking on the links at the bottom of this page.