Warren Buffett is spending billions to make Iowa 'the Saudi Arabia of wind' — but climate change isn't the reason
Business Insider -

Warren Buffett is spending billions to turn Iowa into "the wind capital of the world, the Saudi Arabia of wind," he told the Financial Times.

Berkshire Hathaway's billionaire boss isn't investing in green energy to cut carbon emissions or combat climate change, however, but because of government incentives.

"We wouldn't do [it] without the production tax credit we get," he said.

Buffett is wary of companies pursuing social and environmental goals, arguing it is hard to assess whether they are...

Read this story at

Loading...

Related Articles