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What do wind turbines mean for US property values? [Video]

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Oil and Gas Industry News

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Wind turbines have been the target of wild misinformation from Donald Trump’s lies that they kill whales to pseudomedical claims about “wind turbine syndrome”.

They have also been the focus of NIMBY campaigns even by those who, in theory, support renewable energy – just as long as it isn’t built too close to where they live.

But these fears are misplaced, according to a new study, which found wind turbines have only a small, short-term impact on property prices.

At least one wind turbine in a six-mile (10km) radius causes a 1 per cent drop in home value, the researchers found. The negative economic impacts increases as wind turbines get closer to homes. The value of a house can drop by up to 8 per cent when a turbine is built less than a mile (2km) away.

However, only a small number …

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