Friday, February 11, 2011

House Votes Down Wind Rights Sharing

The North Dakota House has rejected a proposal to require income sharing from wind energy projects. Currently, property owners who host wind turbines receive a percentage of power sales revenue as well as land rent. The bill defeated today would have required neighboring landowners to also receive payments if they lost a chance to host wind turbines on their property. The bill also would have required payments to landowners within a half-mile of a wind turbine as compensation for noise and the loss of a scenic view.

http://finance.yahoo.com/news/Wind-rights-sharing-rule-apf-732739714.html?x=0&.v=1

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