Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2016-Morning Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

00:00

The Public Utility Commission in Nevada Decided That the 99% Should Not Subsidize Renewables

Nevada has a public utility commission that decides what's proper in terms of rooftop power. For solar to be competitive just like wind it needs subsidization and who pays the subsidy gets to be a real question if you want to encourage people to use renewables. The federal government has done it through tax subsidies which mean tax payers generally throughout the country subsidize it. I personally think that if society is the one that's benefiting from the lack of reduction of greenhouse gases that society should pick up the tab, he says.

Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner
Get the app