The new Liberal member for Hume Angus Taylor has emerged as a staunch critic of wind energy and the national Renewable Energy Target.
Most recently, Taylor pounced on a report by a real estate valuer purporting to show wind farms deflate land value. The Goulburn Post published a letter by the MP on the matter.
Yes 2 Renewables contributor David Clarke send a rejoinder to The Goulburn Post toset the record straight:
The overwhelming bulk of the evidence on land prices and wind farms tells us that the presence of a wind farm has very little effect on land values. For example, the US Berkeley Laboratory analysed more than 50 000 home sales near 67 wind facilities in 27 counties across nine US states, yet was unable to uncover any impacts to nearby home property values. (See Into The Wind).
However, Hume MP Angus Taylor in his comments printed in the Goulburn Post chose to ignore this and many other studies coming to similar conclusions and grasped a study by one real estate valuer that claimed to show big falls in land prices near wind farms.
The Australian Financial Review (14 October, 2013) published a piece on registered land valuer Peter Reardon who produced a report stating that land values can fall by 30 percent or even 60 percent due to nearby wind farms. Not surprisingly this report has been spread around by those who oppose wind power, including Mr Taylor. A critique of the study can be read on Renew Economy.
How many properties near wind farms were involved? Three.
How were the properties chosen? We were not told.
Mr Taylor claimed that:
“The study shows potentially dramatic negative impacts on the value of property located near wind farms. In some cases, land has been identified as dropping up to a staggering 60 percent in value.”
Well, not actually in ‘some cases’ Mr Taylor, but perhaps in one case. (And one of the three cases showed no change in value.)
And what did Mr Taylor say about all the studies that show negligible impacts on land prices? Nothing.