Buffett on clean energy push: This country should be ahead of where it is

Berkshire Hathaway Chairman and CEO Warren Buffett and Vice Chairman Charlie Munger preside over the 2023 Berkshire Hathaway annual meeting. Buffett and Greg Abel, vice chairman for non-insurance operations at Berkshire Hathaway, discuss clean energy. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/2NGeIvi
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[@susymay7831]

"You want to build the ark before the flood," Warren Buffett

[@cyberash3000]

Here in the uk for the first time ever the majority of Britain's electricity was supplied from wind turbines and solar power. BUT we have a problem with our green energy. The problem is not what you think. We are losing about half the energy we are producing from renewable green energy, because our energy is too old to deal with the amount meaning we are throwing about 1/4 to a half of everything we generate. As we have no way to store that much electricity. We are now starting to work on upgrading our grid wirh ways to store the power generated Once we manage that (it will take decades,) we will go 100% green energy instead of just over half

[@kevinimp8217]

or you could consider nuclear power and not have this problem.

[@cyberash3000]

@@kevinimp8217 what problem? we dont have powercuts?

[@cyberash3000]

@@kevinimp8217 if we upgraded our grid we could sell the excess to europe. that isnt a problem

[@cyberash3000]

@@kevinimp8217 the only problem with gree nenergy and wind power is that its too good especially when you live in the windiest area on the planet making it ideal for wind turbines

[@bradleyhasse5220]

There needs to be more investment in new clean energy technology like capturing it from the air

[@simonbowman6206]

The USA market is not on and never will be on a green energy road to do so would put them out of business AS i am RDP Marine and 2016 they were told how to retro fit hydroelectric plants to get more power output from the same volume of water

[@marcedrickirby6348]

51 state sorry Puerto Rico

[@scottpetty4568]

Interesting listening to Warren Buffett singing the praises of the quasi-fascist political order that his father went into electoral politics precisely to oppose.

[@UziGameGP]

Spoken like a true quasi nazi

[@brad1928]

He isn’t doing that, you are just extreme in your political views so you view it through that lens

[@blipblop92]

Its all about money and he knows and plays the game well. Saying nice things about china helps his investments but its not necessary that he likes the CCP.

[@steveb796]

Buffets Mid American energy is my utility. In 2021 they achieved 88% of their electricity coming from renewables. I pay 11.5 cents per kwh

[@cyberash3000]

The whole of the uk is now over 50 percent of electricity comes from wind turbines and solar power