
2016-Afternoon Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
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Climate Change Risks - I'm the Chief Risk Officer
Mark Vasina: I'm the treasurer of the Nebraska Peace Foundation, owner of one A. share of Berkshire Hathaway. We're following the lead of the Bank of England, which last September published a comprehensive report on climate change risks facing the insurance industry. He asks that you reflect upon the possibility of a public statement in favor of a revenue neutral gradually rising carbon fee. The bottom line is that we cannot burn all fossil fuels and as long as fossil fuels appear to be the cheapest energy, we will keep burning them.
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