Renewable energy and negative externalities: The effect of wind turbines on house prices
In many countries, wind turbines are constructed as part of a strategy to reduce dependence on fossil fuels. In this paper, we measure the external effect of wind turbines on the transaction prices of nearby houses. A unique Dutch house price dataset covering the period 1985–2011 is used, as well as the exact location of all wind turbines that were built in the Netherlands. Using a difference-in-differences methodology we find a 1.4% price decrease for houses within 2 km of a turbine. There is also evidence for anticipation effects a few years before placement of a turbine. The effect is larger for taller turbines and in urban areas. Especially the first turbine built close to a house has a negative effect on its price.
We reviewed the output of research and innovation cooperation between Russia and the US, including publications and patents, in the four prospective areas of energy efficiency and renewable energy during 2007-2011. Joint US-Russia research groups appear to focus primarily on hydrogen energy (fuel cells), followed by solar photovoltaics. The upcoming areas of smart grid and biofuels were left out entirely both from research and innovation collaboration. Russian patents in green energy technologies registered in the US are very low in comparison to those from Japan, Korea, and China.
This ambitious report prepared under the aegis of Economic Policy Forum focuses on the future of global energy systems, supply-side economics and the pressures for energy diversification, energy efficiency and energy access at the country and sub-national level. The expansive scope of the study is based on the assumption that the reader is familiar with contemporary conversations on energy; it seeks to inform the reader of analyses and perspectives from Economic Policy Forum member countries by synthesising the deliberations in the meetings thus far and building upon the substantive research work conducted through the platform. The focus of research in the Economic Policy Forum follows from the relevance of emerging countries such as BRICS in energy policy debates. One of the paradoxes in such debates, as is pointed out in the report, is the fact that the countries which face the largest energy challenges, or the most important energy policy-related questions, are also countries where policymaking variables are in constant flux. Conversely, in the case of developed countries, a number of fundamental assumptions are well known, which include expectations about consumer demand and industrial consumption extrapolated on the basis of demographic as well as socio-economic trends.
Characteristics is given to the concepts “housing”, “residential premise”; legal category “residential premise” is considered from the point of view of embodiment of national (basic) standard housing, established by the State; system of viewpoint of European Court in Human Rights under the name “concept of housing” developing from authority to authority is being analyzed; the issue of diffusion of inter-subject concepts “housing” and “residential premise” in connection with the process of State integration into common legal and economic European space is being considered; the shortcomings of legal definition “residential premise” are being disclosed, as not reflecting its essence, purposefulness and variety of forms of its existence; in this respect the main conclusion on introduction of changes into art.15 and 16 of Housing Code has been made.
The article attempted to analyze the categories of "dwelling" and "accommodation" with the doctrinal and normative point of view. Analyzed the jurisprudence of the Perm region in matters of classification of premises in office and industrial buildings to the category of dwelling. Attempted to identify the criteria for allocation to the residential premises.
Quick economic development on India dictates the necessity of its energy base improvement. One could hardly overestimate the importance of so called seven sisters or seven states of North-East India. One of these states is Nagaland (16 579 км2, population -1, 980, 602), the first tribal state of India. There are deposits of gold, uranium, chromium, jade, natural gas and oil. This is the first state in the region having created a special Agency for renewable energy. The article is dedicated to the problems of energy development in the state.