The On-Farm and Near-Farm Effects of Wind Turbines on Agricultural Land Values

Sampson, Gabriel S.; Perry, Edward; Tayler, M.

doi:10.22004/ag.econ.302463

Cited by 2 publications

(1 citation statement)

References 11 publications

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“…Electricity can be directly produced on farmlands. The integration of large-scale wind turbines on agricultural land has become common practice, with little effect on crop production and even offering a leasing income for the landowner [58]. Similar considerations hold true for solar photovoltaics panels when adopted in the form of agrivoltaics installations, which can increase resource use efficiency, agricultural productivity, low-carbon electricity generation, and reduced water use [59].…”

Section: Decarbonization Of On-farm Energy Usementioning

confidence: 98%

Achieving net-zero emissions in agriculture: a review

Rosa

Gabrielli

2023

Environ. Res. Lett.

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Agriculture accounts for 12% of global annual greenhouse gas (GHG) emissions (7.1 Gt CO2 equivalent), primarily through non-CO2 emissions, namely methane (54%), nitrous oxide (28%), and carbon dioxide (18%). Thus, agriculture contributes significantly to climate change and is significantly impacted by its consequences. Here, we present a review of technologies and innovations for reducing GHG emissions in agriculture. These include decarbonizing on-farm energy use, adopting nitrogen fertilizers management technologies, alternative rice cultivation methods, and feeding and breeding technologies for reducing enteric methane. Combined, all these measures can reduce agricultural GHG emissions by up to 45%. However, residual emissions of 3.8 Gt CO2 equivalent per year will require offsets from carbon dioxide removal technologies to make agriculture net-zero. Bioenergy with carbon capture and storage and enhanced rock weathering are particularly promising techniques, as they can be implemented within agriculture and result in permanent carbon sequestration. While net-zero technologies are technically available, they come with a price premium over the status quo and have limited adoption. Further research and development are needed to make such technologies more affordable and scalable and understand their synergies and wider socio-environmental impacts. With support and incentives, agriculture can transition from a significant emitter to a carbon sink. This study may serve as a blueprint to identify areas where further research and investments are needed to support and accelerate a transition to net-zero emissions agriculture.

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Section: Decarbonization Of On-farm Energy Usementioning

confidence: 98%

Achieving net-zero emissions in agriculture: a review

Rosa

Gabrielli

2023

Environ. Res. Lett.

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Wind Turbines and Property Values: A Meta-Regression Analysis

Schütt

2023

Environ Resource Econ

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A key concern for property owners about the set up of proximate wind turbines is the potential devaluation of their property. However, there is no consensus in the empirical hedonic literature estimating this price-distance relationship. It remains unclear if the proximity to wind turbines reduces, increases, or has no significant effect on property values. This article addresses this ambiguity, combining 720 estimates from 25 hedonic pricing studies in a first comprehensive meta-analysis on this topic. Using Bayesian model averaging techniques and novel publication bias correction methods, I calculate an average of the reported estimates that is free from misspecification and publication bias. In economic terms, I find an average reduction in property values of $$-0.68\%$$ - 0.68 % for properties 1.89 miles away, which turns to zero beyond 2.8 miles. Next to publication selection, the studies’ ability to control for confounding factors such as pre-existing price differentials and spatial effects explains the variance in reported effect sizes.

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The On-Farm and Near-Farm Effects of Wind Turbines on Agricultural Land Values

Cited by 2 publications

References 11 publications

Achieving net-zero emissions in agriculture: a review

Achieving net-zero emissions in agriculture: a review

Wind Turbines and Property Values: A Meta-Regression Analysis

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