Comments on: Sustainability’s Transition Decade http://www.earthsharing.org.au/2010/02/23/sustainabilitys-transition-decade/ Opportunity and Equity Sat, 04 Feb 2012 02:55:17 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Karl Fitzgerald http://www.earthsharing.org.au/2010/02/23/sustainabilitys-transition-decade/comment-page-1/#comment-2523 Karl Fitzgerald Mon, 12 Jul 2010 00:42:27 +0000 http://www.earthsharing.org.au/?p=2178#comment-2523 and i think we talk about this in the podcast, how each wind turbine delivers the farmer a windfall of $15,000 p.a but the neighbours and community get nothing. If there was a 60/20/20 split between farmer, neighbours and wider community, then there would be consensus for more viable projects. that's called sharing the economic rent. The government could then sell local council bonds to finance the new wind turbines, with the spoils from the turbnes to pay it off over 20 years, helping to keep the profits in the community. and i think we talk about this in the podcast, how each wind turbine delivers the farmer a windfall of $15,000 p.a but the neighbours and community get nothing. If there was a 60/20/20 split between farmer, neighbours and wider community, then there would be consensus for more viable projects. that’s called sharing the economic rent.

The government could then sell local council bonds to finance the new wind turbines, with the spoils from the turbnes to pay it off over 20 years, helping to keep the profits in the community.

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