Warren Buffett ready to double down on clean energy.

  1. You have chosen to ignore posts from -V-. Show -V-'s posts

    Warren Buffett ready to double down on clean energy.

     


             The Bulletin


     


    Warren Buffett ready to double down on clean energy.



    Warren Buffett is ready to put another $15 billion in renewable energy, double the amount the billionaire's company Berkshire Hathaway has already invested.


    Buffett made the comment during the Edison Electric Institute's annual convention in Las Vegas on Monday, reported Bloomberg News.


    Berkshire Hathaway's unit MidAmerican Energy Holdings, now called Berkshire Hathaway Energy, has increased its interest and position in renewable energy over the past three years. It most recently agreed to supply Google's Iowa data center with wind power.


    Google announced in April 2014 it contracted for more than one gigawatt, or 1,000 megawatts, of renewable energy. The agreement is similar to its 2012 contract with Oklahoma utility Grand River Dam Authority. Under the deal with MidAmerican, Google will be supplied with up to 407 MW of wind energy from several projects built as part of the utility's Wind VIII program--an initiative to add 656 new turbines in Iowa by the end of 2015.


    Two years ago, Berkshire Hathaway unit MidAmerican Energy Holdings created a new business to handle all of its renewable energy interests. The Des Moines, Iowa-based MidAmerican Renewables oversees wind, geothermal, solar and hydro projects.


    In the months before the new business unit was created, MidAmerican had already made significant wind energy holdings. In January 2012, the company announced plans to build 176 turbines in Iowa by the end of the year, an investment that will push its wind power capacity to 2,284 megawatts, the most of any investor-owned U.S. utility.


    Utilities will increasingly need to turn to renewable energy to meet proposed rules from the EPA. Earlier this month, the EPA proposed a draft rule that would require power plants to cut 30 percent in carbon dioxide emissions by 2030 compared with 2005.


       See Article & Links:


      http://www.smartplanet.com/blog/bulletin/warren-buffett-ready-to-double-down-on-clean-energy/?tag=nl.e660&s_cid=e660&ttag=e660&ftag=TRE4eb29b5


     


     


                                             ~ "MAGIC" ~


                   https://www.youtube.com/watch?v=Qtb11P1FWnc

     
  2. You have chosen to ignore posts from DirtyWaterLover. Show DirtyWaterLover's posts

    Re: Warren Buffett ready to double down on clean energy.

    In response to -V-'s comment:
    [QUOTE]

     

     

             The Bulletin

     

     

     

    Warren Buffett ready to double down on clean energy.

     


    Warren Buffett is ready to put another $15 billion in renewable energy, double the amount the billionaire's company Berkshire Hathaway has already invested.

     

    Buffett made the comment during the Edison Electric Institute's annual convention in Las Vegas on Monday, reported Bloomberg News.

     

    Berkshire Hathaway's unit MidAmerican Energy Holdings, now called Berkshire Hathaway Energy, has increased its interest and position in renewable energy over the past three years. It most recently agreed to supply Google's Iowa data center with wind power.

     

    Google announced in April 2014 it contracted for more than one gigawatt, or 1,000 megawatts, of renewable energy. The agreement is similar to its 2012 contract with Oklahoma utility Grand River Dam Authority. Under the deal with MidAmerican, Google will be supplied with up to 407 MW of wind energy from several projects built as part of the utility's Wind VIII program--an initiative to add 656 new turbines in Iowa by the end of 2015.

     

    Two years ago, Berkshire Hathaway unit MidAmerican Energy Holdings created a new business to handle all of its renewable energy interests. The Des Moines, Iowa-based MidAmerican Renewables oversees wind, geothermal, solar and hydro projects.

     

    In the months before the new business unit was created, MidAmerican had already made significant wind energy holdings. In January 2012, the company announced plans to build 176 turbines in Iowa by the end of the year, an investment that will push its wind power capacity to 2,284 megawatts, the most of any investor-owned U.S. utility.

     

    Utilities will increasingly need to turn to renewable energy to meet proposed rules from the EPA. Earlier this month, the EPA proposed a draft rule that would require power plants to cut 30 percent in carbon dioxide emissions by 2030 compared with 2005.

     

       See Article & Links:

     

      http://www.smartplanet.com/blog/bulletin/warren-buffett-ready-to-double-down-on-clean-energy/?tag=nl.e660&s_cid=e660&ttag=e660&ftag=TRE4eb29b5" rel="nofollow">http://www.smartplanet.com/blog/bulletin/warren-buffett-ready-to-double-down-on-clean-energy/?tag=nl.e660&s_cid=e660&ttag=e660&ftag=TRE4eb29b5

     

     

     

     

     

                                             ~ "MAGIC" ~

     

                   https://www.youtube.com/watch?v=Qtb11P1FWnc" rel="nofollow">https://www.youtube.com/watch?v=Qtb11P1FWnc

    [/QUOTE]

    They should use wind, solar, geothermal, to make hydrogen.

     
  3. You have chosen to ignore posts from ronreganfan. Show ronreganfan's posts

    Re: Warren Buffett ready to double down on clean energy.

    Buffet is just following the impact of the new EPA regulations.  these regulations will make traditional and abundant energy sources more expensive.  Renewables, will stay priced about the same, but, finally will become somewhat competitive.

    Expect Buffet to pull a Koch brothers and essentially bankroll Hillary's entire campaign in exchange for keeping the EPA regs in place.

     
  4. You have chosen to ignore posts from ComingLiberalCrackup. Show ComingLiberalCrackup's posts

    Re: Warren Buffett ready to double down on clean energy.

    Warren Buffet doesnt need taxpayer subsidies....

     
  5. You have chosen to ignore posts from Hansoribrother. Show Hansoribrother's posts

    Re: Warren Buffett ready to double down on clean energy.

    "You know, when I was asked earlier about the issue of coal, uh, you know -- Under my plan of a cap and trade system, electricity rates would necessarily skyrocket. Even regardless of what I say about whether coal is good or bad. Because I'm capping greenhouse gases, coal power plants, you know, natural gas, you name it -- whatever the plants were, whatever the industry was, uh, they would have to retrofit their operations. That will cost money. They will pass that money on to consumers."

    - Barack Hussein Obama

    What more does Buffett  or anyone else need to know?

     

Share