HomeMy WebLinkAboutLakeshore Advance, 2011-08-17, Page 1414 Lakeshore Advance • Wednesday, August 17, 2011
Land owners could face huge turbine costs
Land owners considering allowing wind turbines
to be built on their property should put a hold on
signing any deal with an energy company until after
the provincial election, a University of Guelph eco-
nomics professor warned Saturday.
"If you haven't put a shovel in the ground, my
advice is to wait;" said Prof. Glenn Fox.
For those that have already have turbines, Fox's
advice is to cross their fingers.
With lucrative prices guaranteed by the province,
wind farms have sprung up across Southern Ontario.
Progressive Conservative leader Hudak, lead-
ing in the polis, has promised to end the subsidies if
he wins the election.
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While some have argued it would be
reprehensible for a new government to
rip up the contracts, Fox said it has hap-
pened before, such as when the federal
government canceled a military helicop-
ter deal.
Without the subsidies, solar and wind
farms in Ontario could end up aban-
doned as has happened in some places
in l:umpe, Fox said.
"It is not inconceivable that it could
happen in Ontario," he said.
Speaking to a meeting organized by
the anti -wind energy group, Wind Con-
cerns Ontario, Fox said land owners
could be left with the removal and dis-
posal costs of wind turbines if the
energy company goes bankrupt.
"'That (cost) would he just astronomi-
cal," he said.
lien i,ansink, a London real
estate appraiser, said wind
turbines will lower the
value of not only
the farm where they are built, but neigh-
bouring ones as well.
"It is a major and significant problem
that is here and is going to get worse;" he
said.
Required set
backs from the turbines
mean livestock facilities
and homes can't be built
in the area.
When there are
restrictions, the mar-
k et value of the
property is
reduced, he said
Ausable Bayfield Conservation
Authority, Huron County Federation
of Agriculture, and Ontario Ministry
of Agriculture, Food and Rural
Affairs are pleased to present:
'SHOP TALK'
Featuring:
Anne Verhallen
OMAFRA
Soil Management Specialist
Learn about
cover crops,
berm building and
maintenance, the
benefits of vertical tillage,
and funding for projects.
Thursday, August 18,
10:00 a.m.
at the Wise property,
77841 Parr Line,
Clinton, Ontario
Lunch will be provided
Pre -registration is required
To RSVP or for more Information
contact Abigail Gutteridge at
Ausable Bayfield Conservation
Authority (ABCA) at
519-235-2610
or toll-free 1 -tali$ -2116-2610