BUFFETT BUCKS BACK NEW ENERGY

Warren Buffett Is Betting Big on Wind Energy in Nebraska, and Other Planet-Saving News

Juan Cole, May 6, 2015 (TruthDig)

“Wind power is on a roll in the US despite a fickle Congress and the machinations of Big Coal and Big Gas to keep all the subsidies for themselves. And one of the world’s most successful investors, Warren Buffett, has noticed [and is investing in Nebraska wind]…BHE Renewables, a subsidiary of Warren Buffett’s Berkshire Hathaway, Inc., …founded in 2011, has invested $10 billion to generate 3.4 gigawatts from hydroelectric, geothermal, solar and wind plants. Utilities make long-term agreements to buy the energy. Since the fuel for these plants is free, there’s money to be made in generating electricity this way…Another Berkshire Hathaway subsidiary, MidAmerican Energy Company…is putting nearly another $1 billion into wind in Iowa…” click here for more

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