Warren Buffett wants to beat Biden to the infrastructure buildout!
Link here. Data points:
- Warren Buffett-owned company wants to add 10 gigawatts of gas;
- customers would pay for plants; Berkshire would get return (sort of like how the NFL owners do it: have the local community pay for the new arena and then reap the rewards)
- $8.3 billion plan
- building a lot of new natural gas plants
This simply reminds us again how big the fracking revolution is.
Over at social media: faux environmentalists are really faux-upset. Another said, "The green academic crowd (that have never had a real job in energy) always tell us that wind / solar are cheaper. I wonder what Buffett is seeing they don't.
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