Warren Buffett Is Sending Mixed Messages on Green Energy
Last June, Warren Buffett said he was prepared to double his company’s commitment to renewable energy.
Photographer: Jeff Kowalsky/BloombergThis article is for subscribers only.
Warren Buffett highlights how his Berkshire Hathaway Inc. utilities make massive investments in renewable energy. Meanwhile, in Nevada, the company is fighting a plan that would encourage more residents to use green power.
Berkshire’s NV Energy, the state’s dominant utility, opposes the proposal to increase a cap on the amount of energy that can be generated with solar panels by residents who sell power back to the grid in a practice known as net metering.