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Filtering by entity: Theresa McEvoy | Clear Filter
Summary:A news article describes a lawsuit filed by 60 residents against the $200 million Hardscrabble Wind Power Project in Albany, N.Y., and its operators, alleging that the wind farm's noise and lights cause health issues, negatively impact property, and disrupt daily life, leading to financial losses for some plaintiffs.
Sentiment:Critical
Key Claims:
- Dozens of neighbors of a $200 million wind farm are suing the companies behind it.
- The wind farm's noise and lights cause migraines, nervousness, and sleep disruption for residents.
- The wind farm impacts dog behavior, reduces dairy cow productivity, and interrupts TV and Internet services.
- The defendants, including Iberdrola USA and Atlantic Wind USA, negligently failed to adequately assess the project site.
- The 37 turbines, standing 476 feet tall, are too large, too noisy, and too close to residents' homes.
- The plaintiffs accuse the companies of negligence, private nuisance, trespass, and strict products liability, seeking punitive damages for willful and reckless conduct.
- One plaintiff, Diane Abele, lost profits from her dairy farm due to less productive cows after the turbines were built.
- Another set of plaintiffs, Bernadette Baylor and Richard Baylor Jr., were unable to sell their house, abandoned their home, and were forced to file for bankruptcy due to turbine noise.
- A 49-page complaint details various damages, including headaches, stress, sediment in drinking water, and airport-like noises.
Potential Market Impact (S&P 500):1/10
Potential Geopolitical Risk:0/10
Potential Global Cross-Asset Impact:1/10
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