2016-Afternoon Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
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What Are the Risks to the Insurance Division From Climate Change?
Mr. Buffett: We're not denying climate change is incredibly important subject, but it will not hurt our insurance business. I would say if you're making a 50 year investment in low lying property, it's probably a mistake. He agrees with Dr. Hansen that a carbon fee is the solution to address this issue.
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