Iberdrola Knows Property Values

The wind energy industry has long maintained that there are no losses in property values around wind energy projects, and have produced several studies that claim to support that.  Unfortunately even a cursory look at these studies reveals fatal (and in my opinion, intentional) flaws.

If the wind industry actually believed their propaganda on this issue, you’d think they’d be willing to guarantee either compensation or buyouts for the neighbors.  After all, it shouldn’t cost them very much and would go a long way to eliminate almost all the opposition.  But as we all know, actions speak louder than words.  Iberdrola, the large Spanish wind energy company, wanted to build a project in Hammond, upstate NY.  The council there, as part of the approval, proposed such a guarantee to protect their residents.  No doubt you can guess Iberdrola’s reaction.  Read the story below.

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