Richard Adey, ABC RN, 31-8-2017 and Dr. Gregory Moore, former Principal of Burnley Horticultural College @ Mordialloc Neighbourhood House, 9-1-2018, both spoke on the same topic though on different dates and locations.
Property investors admit that a good-tree-lined street is where prices can increase up to 30%. In some cases a 10% increase in trees planted results in an increase in profits of $50,000. There would also be a decrease in energy use, and therefore a cost reduction in use of air conditioners because of the shade that trees provide for the house and surrounds.
In shady streets and roads there is a 2-4 degree heat reduction, and in some places as much as 10 degrees reduction in heat. Therefore owners of cars parked alongside a back-of-kerb bike track lined with trees would appreciate the fact that trees have not been removed. And, of course, the cyclists and pedestrians using the shared bike/walking track would also be relieved that there is a canopy of mature trees shielding them as climate change temperatures increase.