It's Elon Musk vs. Warren Buffett in the Fight for the Future of Solar

[@Greg766]

Buy a Tesla power wall and cut the power company's line off your house

[@ElectricityTaster]

Or get a communal power bank, stick it in a shed, and run the whole neighborhood from it.

[@brbarlow195]

Gregory Braun it's illegal to be off the grid in place or everyone would be doing it.

[@TsarOfRuss]

Hahahaa illegal to be "Off Grid" in land of the free, this same country is currently exporting freedom to Syria,Libya,Iraq,Afghanistan,Yemen !!! Muricaaaa !!! Freedom !!!!! not

[@Pooua]

@peanutaxis In some states and parts of Canada. www.bloomberg.com/news/articles/2014-07-10/off-the-grid-in-florida-robin-speronis-fights-municipal-code

[@TsarOfRuss]

***** Ofcourse, its illegal even in FLORIDA and some states, i heard Texas doesnt even allow sales of TESLA Cars

[@ransom182]

$350 a month?! good god America is getting screwed over on electricity prices.

[@KoruptStatusX]

You have to think that nevada where the A/C units non stop for 16 hours a day. They have a few dams to produce energy but the state should be looking towards solar farms.

[@RuNThebRoNx]

Rahul Saraswat if anything your over populated land is destroying the planet. how much more antibiotics will India continue to pour into the water until there's a super viruses we can't beat? .. please just stfu if it ain't positive feedback.

[@ThatManAdrian]

DAMN ROASTED

[@loofers]

that's not how economics work, 350$/month is like a fraction of a normal monthly salary in nevada; and that fraction/percent might not be that different than the relative fraction to what it costs in india (say like 5-10-15% of your total monthly income). like in india let's say you make 350/month, but how much do you pay for power or water? maybe 30$? if say u spend under 50$ for water/power (utilities) then that's 1/7th of your monthly income. it's probably about like that in the US too. and almost all of that power in nevada comes from a dam that generates all the power (which isn't ruining the environment). on the other hand, the amount of pollution being dumped into the oceans by india and other countries in asia is pretty massive. india needs to have much stricter pollution laws than it does. not saying that western countries in NA are not polluting, but india is NOT free of guilt in this respect, and in terms of ocean/waterways pollution, it is pretty bad. www.wsj.com/articles/which-countries-create-the-most-ocean-trash-1423767676

[@loofers]

+Ramakrishna R M good point, it's still a fair bit. in terms of antibiotics: www.theguardian.com/sustainable-business/2016/oct/25/antibiotic-waste-pollution-india-china-rivers-big-pharma-superbugs-resistance

[@Mrdevs96]

Can we all agree that Elon is the good guy?

[@ryccoh]

+Travis Devereux Absolutely

[@idgaf757]

I would follow that man into hell

[@willdarling1]

+Arvin Singh Right. I think it is clear which billionaire will triumph. Half the age and double the IQ. It's like Elon's a baby-T-Rex hiding in the crocodile pit, and the crocs think he is one of them ;-)

[@nykidxxx]

+Will Darling Elon isn't even a billionaire lmfao Elon spends his own personal money to change to world.

[@towlie911]

+Ni Yao In net worth, they are both billionaires.

[@nielsdaemen]

0:25 The sun is not the biggest nuclear reactor in the universe! there are much bigger stars out there. I think she meant the biggest nuclear reactor in the solar system.

[@1503nemanja]

Hah I knew some nerd would jump at the chance to correct her. :P

[@MrDanni312]

At least the lady have a clue how our solar works. Some people even don't know how the solar works.

[@Brainbuster]

It's also the smallest nuclear reactor in the solar system.

[@nielsdaemen]

How do you mean?

[@jcost2012]

why not just add tesla battery and go completely off the grid

[@defaultindian]

+chrismas how can it still charge when youre off the grid?

[@TheVegas24702]

+defaultindian they charge customers outrageous to be removed from the grid they are charging up to 20+ million to some company's to come of the grid.

[@jcost2012]

+Tommy Freeman thats crony capitalism at its best

[@TheVegas24702]

+JULIO ACOSTA OFFICIAL yes I agree.Sad when money is more important then the future of our children's children and so on.

[@ellieban]

Exactly this. When a hierarchical monopoly tries to bully smaller people, the solution is to decentralise. Create independent community circles and group together to buy the batteries that will enable them to go off grid. Reach out to Elon Musk's company and propose new deals and leasing & service agreements. Create training and outreach that gives neighbouring groups advice on how to start their own. Hierarchical organisations simply cannot fight decentralised movements. Musk will win in the end.

[@Sad_gurl]

Who's here to do a research paper? 🤚

[@stockingfanboy]

lfg

[@madinkan]

It was said many times..... MONEY SHOULD STAY OUT OF POLITICS.

[@liberallarry847]

yeah man

[@SergTTL]

+zh11147 And why is that happening? Isn't that because the monopoly pays big money to the big government to be able to act without restraint? P.S. BTW, you can edit your comments.

[@SergTTL]

***** I agree on Republicans. But what can be the reason for Democrats wanting people to stay on the grid more than wanting to control monopolies or to decrease the global dependency on fossil fuels? What can be the reason other than personal benefit? Are you sure there are no money involved?

[@SergTTL]

***** Ok, maybe it's just one of those things, I will never understand as a non-American. Thanks for explaining, anyway.

[@SergTTL]

***** Ukraine :)

[@davidguy209]

ELON MUSK FOR PRESIDENT!!!!!!!!!!!!!

[@-.-..._...-.-]

He wasnt bon in the US

[@TsarOfRuss]

President of South Africa , you mean ? He is South African

[@JonathanRootD]

change the rules get him in there and Make America Innovate Again!

[@kh.g4049]

Fedor Amuricano obama was fuckn kenyan and still became president. What makes you think elon is illegal? Fuck moron

[@NeivGabay]

Jpk Channel musk isnt illegal, he is just not what they call a "natural american citizen". and obama is. because he was born in hawaii. as an american.

[@narutoman876]

Possibly a good opportunity to field test those TESLA home batteries

[@leerman22]

+053334 Lithium batteries are way too expensive and they need replacing every 10 years of regular cycling. Lead deep-cycle batteries are much cheaper and there is already an effective recycling infrastructure for them. Making "lightweight" Li-ion batteries for homes instead of cars is a waste.

[@bebomac5]

+leerman22 Perhaps you've heard of the Giga Factory. Keep up on your current events.

[@LNasterio]

go check out ultracapacitor batteries, then you will know how backward and expansive Tesla is.

[@triad6425]

Well damn good thing Tesla energy has the new solar roof system and 14kWh battery pack now. Elon keeps saying there is a place for the utility grid and thinks he right because he will be the grid. :) I think Musk will win in the end because technology can only get better and cheaper.

[@nitramwin]

triad6425 well said well said! Buffet is profiting off a market imbalance. Musk's technology balances the market by giving consumers back their power (and power).

[@Loathomar]

Well, that has it's cost too. A study looking at the increased cost on solar from a change in charges found that it would cost the average AZ solar house $67 per month in increased fees. If you got 2 14kWh battery pack with is what most need, it will run you $12K plus tax, but will likely to replace the battery in about 10 years. Or $1,200 per year or $100 per month. Cheaper to stay on grid in that case. Hopefully, the price of the batteries will fall and this will be cheaper, but also the unities and solar groups are in talks and will likely charge less then the $67 per month but more then the $0 they pay now.

[@SacinandanaDas]

yep Musk is the future, he HAS to be, otherwise the planet is screwed!

[@yunghan]

As with technology, the price will gradually decrease over time. What's to take from here is that we're moving forward by not harming planet earth.

[@Brainbuster]

Hear, hear.

[@quackcement]

i thought warren was a good guy but this proves me wrong, he's no different from those greedy guys at oil companies like Tony Hayward.

[@jameel626]

+Tail finz Im inclined to say the same, but he's an investor in the company. They don't say if he's the majority investor or not. It also depends on the management, its their decision to make. Only if buffet holds majority of the voting shares and then voted for this to happen would it be his doing.

[@quackcement]

ethical investors have the power to protest there holdings. Buffet could speak out against the company. Maybe even get some airtime on the news. As someone who wants to give 99% of his earnings to Charity that could be an ethical move for him. Yet at the same time in some cases a company can be manged completely different to how its shareholders wanted which is why it is important to tarnish a firms reputation, so that the roots for change can happen.

[@Jon-cy2gs]

good guy? no fucking billonaire is good boy, they are not idiot, they dont care about scum like other people

[@ellieban]

+Enrique Peres I dunno... Warren Buffet has always seemed pretty decent to me. Apart from anything else, he's always lived comparatively moderately (ie, like a millionaire rather than a billionaire) and he's arranged for practically all his money to be given away after his death, less enough for his children to be comfortable (they've always worked). Better still, he's no Koch brother climate denialist. I'm disposed to give him the benefit of the doubt and think he probably isn't aware of this until I get proof to the contrary.

[@pyroVoid]

Where is the objective evidence that Warren Buffett made this decision? He's a shareholder in the company, that doesn't directly mean that he makes the decisions, management does.

[@MrDanni312]

Elon Musk against big car industry. Now he against big electric company. But time always change. Even Rome fell

[@AnhTrieu90]

He only needs to make the powerwalls fast enough and cheap enough to be feasible for people to go off-grid. Then we can show Buffet the middle finger.

[@liamdonaldson3393]

Danni Ariseno he challenged the banking system early on in his career in the 90s too.. and That's a big no no.. but He's still alive so fuck he's a smart cookie

[@carholic-sz3qv]

nope Tesla isnt against the big car industry but the governement and the oil industry moron

[@davidlopezlive]

solar + battery storage systems = no more large utility monopoly.

[@leopitre7907]

Purchase Lithium Ion batteries and get off the grid all together...fuck the utility companies!

[@3boodba7ajaj]

Its not the biggest nuclear reactor in the universe

[@NatralSelection]

lol right?

[@37VQV]

+coda s not even the biggest in this galaxy

[@37VQV]

Sidowse Its the only one in our solar system really. So it is also the smallest.

[@joshuatoorenburgh6459]

who cares. fuck

[@Maxander2001]

+coda s Thanks, I was also a bit horrified when I heard that. A bit like confusing ones back yard or pocket with the whole universe.

[@petarpetrovic8744]

Get off the grid, store your energy and they won't have any other choice after while but to offer you a fair deal in order to get you back. And, my God, how BAD they'll need you back. It's not an easy fight, you people will face el. cuts due to tech. disadvantages but maybe worth fighting.

[@ArtyMcFly]

I unfortunately even if these people bought storage (which as it stands is a huge cost) they'd still get charge something like a grid access fee. What doesn't make sense is why utilities don't co-operate, they'd have to worry less about supplying peak demands (which are more expensive to produce).

[@petarpetrovic8744]

Artem Efremov It is simple bulling of ordinary people. The only way is to physically disconnect from the grid and they can not make you liable for the cost of operating it. That leaves you with the limited energy supply and, as you said, HUGE cost of storing the energy. It is a tuff spot you people are in now because of these fuckers. Stay strong, there must be a solution somewhere.

[@vincentrobinette1507]

Then, the grid gets to face that once people have invested their money in that equipment, they're not going to switch if off. They will from then on, only use a fraction of the electricity they would have before the utilities priced themselves out of the market.

[@vincentrobinette1507]

@@ArtyMcFly A certain hook up fee is appropriate. They need to pay the linemen to restore power when weather hits. However, that is a fixed monthly fee, regardless of how much (or how little)electricity you use. You have total control over that, and even more when you have a battery and a solar array.

[@maximusdecimusmeridiusmaximus]

Elon will win. Elon is the planet-scale visionary and eats buffet for breakfast. Buffet just got the accumulating wealth equation quite right.

[@lmiddleman]

+Philip Fifi Bachinger [Homer Simpon voice] Mmmmmm breakfast buffet.

[@maximusdecimusmeridiusmaximus]

lmiddleman muahahaAHAHAHHA evil laughing

[@gerff01]

+Philip Fifi Bachinger Buffet has the corrupt American government on his side, that is hard to beat. Elon has been lucky in his battles, and has narrowly won a few of them, but if he loses one of his "bets", he is done. Buffet has money to burn, and the government has no fucks to give.

[@crimsonstang]

I see what you did there. Buffet, like Warren Buffet, but Elon eats him like a buffet. Hehehehe.

[@satyampatel491]

buffet is worth 3x more than musk

[@prats7200ad]

This. "Biggest nuclear reactor in the universe, the sun."

[@shawnchong]

Our sun is definitely bigger than the others... they're so tiny when you see them in the night sky! If you shoot for the moon, if you fail, you'll end up amongst the stars, as they saying goes... LOL

[@musoangelo]

The biggest nuclear reactor in our solar system is more accurate.

[@harrykuheim6107]

Not even close...it's the biggest in our tiny Solar system...

[@Uhmu]

As cost and efficiency for panels and storage improves, this problem will disappear in the coming decade and a half, but boy what a dick move by Nevada.

[@habibaghasafari2237]

ellon musk will make it possible to go completely off-grid and by-pass all of these regulations.

[@superspoon0]

America. where utility companies are owned by a single individual.

[@Tony78454]

superspoon0 lmao

[@edbenefield5229]

It I too

[@MineAppleKhan]

Elon Musk with Tesla and SolarCity combined is working on a house battery combined with panels to be independent of energy companies.

[@CrashCourseCode]

"..solar customers mooching and not paying their fair share to maintain the grid"? Seriously do any public officials take any basic course in economics..? It's a change in demand. If the grid isn't needed, it's not needed and the resources made to maintain it will get distributed elsewhere. Legislation like this depresses me.

[@Brian-dd9eh]

CrashCourseCode amen!

[@Metaroids]

If Thomas Edison cannot beat Nikola Tesla at a time when he was dirt-poor and helpless(AC won against DC), how can Buffet think he actually has a fighting chance against Tesla's reincarnation who has accumulated around 10 billion USD. I know Buffet is way richer, but come on; genius is genius.

[@consommableechographiealge8418]

😄😄😄😄😄😄

[@FocusMrbjarke]

There a bigger stars in the universe than our sun just saying

[@danielluby504]

FocusMrbjarke what does that have to do with anything

[@spelcheak]

The lady at the beginning; said our sun was the biggest nuclear reactor in the universe (it's not).

[@FocusMrbjarke]

Daniel Luby watch the video

[@JGrffn]

She probably meant stars in general, but yeah.

[@ThatManAdrian]

It's the only star that could serve any function to us for a long long time......... It might as well be, for now.

[@deadrabbits4life]

since this video is almost 3 years old, i was wondering if we could get an update on the situation.

[@mattbowman8465]

wow that gets me heated

[@eruetifoster5162]

So this is where the NZ power companies got their idea to charge higher rates to homes installed with solar.

[@eruetifoster5162]

Some are but not all. Their future is threatened by something like this so I guess they see it as survival.

[@STho205]

Ahh....Western Union, Alexander Graham Bell, Nikolai Tesla and Thomas Edison are at war again for the future, but their customers all get screwed in the meantime. Nevada power is correct that one of the biggest costs of running a power company is maintaining the grid delivery system to you. Also they have to refit the grid to correctly handle and even store bidirectional power. Grids don't store power, they were simply designed to push it. You store power by keeping water behind a dam or running the traditional power plants at lower output during low consumption times. Sun and wind produce when they want to, not when it is needed most. Physics is a bitch sometimes. Easy to dream. Harder to do. The future of solar has to be NO GRID. No power company. Can we accomplish that? Be careful riding the edge of a change wave. These customers just had a wipe out. Let the billionaires prove it first.

[@11DelgadoBrian]

Trump would say Buffet is an amazing business man.

[@liamdonaldson3393]

Brian Delgado and he'd be right.. buffett is an amazing businessman. But being a great businessman is about making money at any cost, even the citizens cost

[@perolynatesan7818]

Buy couple of Tesla power wall. And go off grid.

[@brianhabing5076]

The Sun is not the biggest nuclear reactor in the Universe. The Sun is the biggest nuclear reactor in the Solar System. Get your astronomical facts straight woman.

[@metaparcel]

This is the side of Buffett that most people in the world don't know. He's a business man like most others and a ruthless one at that. How'd you think he became so rich? Wasn't investing in rainbows and hearts.

[@valken666]

Just disconnect from the grid, the only thing you need is a few more batteries.

[@zachsh]

Valken Unfortunately many utility companies have laws in place so customers have to be connected to them. I live in AZ and that's how it is here. But if the utilities keep trying to screw with the consumers "right" to choose what company that they get their electricity from, then SolarCity will stop playing nice and find ways around these laws and start investing more into their batteries. If other states start to go the corrupt route that Nevada has then SolarCity fight back harder than ever

[@valken666]

Zachary Shumway Cut the energy line and don't tell anyone. Collect the rain water and don't tell anyone. If they come to your door complaining, then there's Speronis precedent. She won, so can the rest of us. The more people win, the less will be the shackles of government on us.

[@user-jt1jv8vl9r]

Let me see if I have understood this correctly; in the USA there are laws that force a homeowner to be connected to the grid? What happens if you refuse?

[@valken666]

Robert Neal Nothing. They control us by fear. Speronis was accused of fire safety issues, they even tried to claim that she abused her dogs to force her to connect to the grid. Guess what? She's happily at home now. The government is a bully, don't give in and he will go away.

[@theultimatereductionist7592]

+Zachary Shumway "Unfortunately many utility companies have laws in place" Sorry. Those laws are unenforceable. Customers do not work for a utility. Utilities have no authority over individuals' private property.

[@noahkelchner276]

This is why monopolies suck

[@peterstark5775]

big power will struggle..... but it will loose its clear as the sky on a sunny day...... solar roof plus power wall and middle finger to buffet

[@luisvalderramos6757]

Better not piss off Hulk.

[@MechaSolarEGYPT]

Congratulations on this major achievement in the delivery of green energy! Thank you for being part of this project. Mega Solar Power Plant Benban Aswan Egypt.

[@GeoFry3]

we have the same thing going on in florida. we already have mandatory hook up requirements for power in some cities and counties and they are trying to pass an amendment to make grid hook up fees seperate from the power bill so they can take the home owner profit out of putting up panels

[@timogronroos4642]

Voting Trump as you next president won't exactly help your case :(

[@GeoFry3]

Timo Grönroos There are bigger issues at play than solar. Those need attention too. Hopefully we get some "get out of my business" injected to how things are run at the Federal and State level and maybe the solar issue will shake loose.

[@theultimatereductionist7592]

+Timo Gronroos Obviously. Insane crazy mental defectives threw away their vote on Trump because they actively wish to destroy America. Period.

[@100kby35]

This is why Tesla Powerwall is a game changer. You don't sell electricity to the grid. You make power for yourself.

[@zwagig1761]

Is it just me or this feels like the same scenario when Thomas Edison tried to abuse his power to ruin Nikola Tesla's new and better technologies.

[@49fiori]

To all the people who installed solar roofs in Nevada, please follow these instructions: Day number 1-5: Listen every day Bob Dylan's song "Time they are a changing" Day 6-30: install Tesla power wall(s) in your house Day 31: disconnect from the grid Day 32 to infinity: Play very loud "Time they are a changing" You cannot stop innovation, it was tried, everybody failed. Warren is a businessman, amazing one. Elon is a visionary, his time is coming now more than ever.

[@FPVREVIEWS]

shame on Buffet! that's disgusting!

[@epsospremium6088]

*Similar happened in Spain.* The Spanish electric companies did put an extra fee of 10€ per 1Kw of potential to pay for their grid. Like 10 * 3 = for 3Kw of potential supply + the actual electricity bill on top of that, That is a fee for subsidizing the cable network. The solution is to have a contract with the very lowest potential Kwh from the grid, and get the difference form the battery + solar.

[@Kparris7]

One sentence explanation: "I'm upset I can't make money off of subsidies from taxpayers."

[@dmitrik8583]

I am a solar installer and use to work for Solar City. Big money and politics involved in that business. Always a war. Oil money bags won't let it go. But the future will win. People not udiots,they can see what is better to them. We just have to fight together,make our voice loud and clear.

[@RafiRacing]

buffet vs musk. shit is about to go boom

[@sunofyourdrop]

My vote is on Musk.

[@RussellFineArt]

I vote for Musk also. New technology, smarter guy, better vision.

[@ScottDuncanCoaching]

My money is on Musk, but not after a few ups and downs me thinks!

[@GeorgesOpinion]

I’m shocked. Buffett was always portrayed as moral and kind

[@aaron4820]

Biggest nuclear reactor in the universe.... our tiny.. tiny Sun... lol

[@DubstepDinosaurs]

+aaron4820 er, in the solar system

[@aaron4820]

DubstepDinosaurs She said universe... hence the lol.

[@Maxander2001]

+aaron4820 I did not laugh, i cringed.

[@dariusbarnes8163]

Essentially by changing the rules after people have installed solar panels is changing their contract. No one including Warren Buffet has any right to interfere in someone's prior agreement and/or contracts. Warren Buffet should be fined huge sums of money anytime a home owner is affected by ANY new rules. Going solar should be encouraged and it has a positive effect on the environment.

[@jamesclarity1077]

Warren buffet is a Clinton. u know what I mean. Clinton global initiative. hahahahah

[@TheRock-zo7zl]

Navada is very very very very very BEAUTIFUL ♥️

[@Tommasini9]

I'm not sure of the "legalities" of it, but if you are a solar panel home owner in Nevada, and assuming your panels produce enough electrical energy for you to adequately live/survive... THEN CUT THE POWER COMPANY WIRE TO YOUR HOUSE?

[@panama-canada]

Why would you give the power back to the grid?? Doesn't make any sense!!! Install a couple of deep cycle batteries and power your home directly from your rooftop solar, disconnect from the grid!!!

[@themissile3120]

Well that was massively uninformative for an 8 minute video. Didn't even throw in any perspectives of the opponents, or even any of the very pragmatic difficulties that solar does face. It's important to know that stuff to solve the problem. This report wouldn't have made solar feel as attractive if it actually showed the full scope of the situation - which, I understand that they're trying to give it a good image, but to me, responsible media doesn't have an agenda. Shit, who's to say that solar hype and attention to tech repression isn't another sketchy business tactic that's equally as unethical on the other end? Elon seems like a great guy but that's easy when you're young and full of good intentions. Watch everyone call him a corrupt businessman when he's older and starts to have to make decisions on things that nobody will like the outcome of. Or maybe not. Should be interesting.

[@CheapSushi]

What exactly is difficult to understand about the "other side" of the argument? Is greed a difficult concept for you to comprehend?

[@chrisjames8997]

Several large solar farms tied to the national grid should be the way to go.

[@mastertheillusion]

The power companies do not want you to put solar on your rooftop. They want you to use their hyper-inefficient old rusting crap.

[@august2241]

people can’t afford 10s of thousands of dollars, but they can afford the $.02 of energy from a nuclear power plant...

[@johnnycake3915]

price to maintain the grid is built into the cost per kwh. if you produce a kwh and than take one back at night, someone still has to pay to maintain the grid. if you have to pay the difference than solar at its current state doesnt make financial sense. making the power is cheap, getting it to your house is where the cost is. get batteries or a generator and disconect or suck it up and pay for the service that you are using.

[@PetePuebla]

Very well made video, it was like watching a documentary. Interesting to see the power struggle between small homeowners and huge Warren Buffett. Looks like it's the people vs. Warren Buffett.

[@CJR_GentArtist]

+Pete Puebla That's assuming the Nevada power company is following Warren Buffett's personal instructions. Buffett runs a holdings company which owns vast shares in hundreds of companies. Therefore he and/or his representatives are on the boards of directors of each of those companies. However, he is not personally running any of the companies which Berkshire/Hathaway has a stake it. He and his executives certainly have influence in them. But there are many people who could be the authors of these cutthroat tactics. If Buffett even knows about these things, and if he does he might not approve of them, but because he is not personally running the Nevada power company, he cannot make them do one thing or another. Berkshire/Hathaway could sell off their shares and the power company could still go on doing what it's doing. I know it sounds like I'm defending Warren Buffett. Maybe he is guilty. I'm just trying to point out that this is not a simple Musk vs. Buffett situation, and if people want to change it they need to be addressing the right people.

[@Giggidygiggidy12]

I'm a huge Musk fan and Green energy supporter but I feel Buffet is being portrayed as the villain when he has little to do with this. If you know anything about his investments it's that he leaves managers in place to run things he doesn't do much hands on unless there are major problems with the company. Blame the upper management at NV Energy for the proposals they are pushing, they are simply trying to make their business more profitable at solar expense which isn't right. Still this isn't on Warren Buffet his company invested and has a controlling stake in NV but he didn't write up this agenda. Anymore than Bill Gates is responsible for Windows Vista which pissed the world off

[@drunkenek]

Buffett is not involved in the day to day management of his companies. He allows the current managers to run their businesses. So Warren Buffett isn't the problem, it is the actual managers of the Nevada Commission

[@Rugbystu14]

As much as I love Buffet and his great investing skills, I believe he's very much to blame because what he cares about here is the company he owns could go bust because of solar panels. He's lose a lot of money because of that. The worst part is, he could very well fund a solar company and do extremely well, but he doesn't understand technology and he never invests in things he doesn't understand. He can measure how much energy can be produced by burning coal or oil, but has no clue what amount of energy can be produced by solar panels and at what rate. We need to support Tesla and Solarcity because our future depends on shifting away from coal, oil, and gas before we run out of these resources. These resources should be used as backup generators for times when we cannot produce clean renewable energy.

[@jacobtran4010]

I want to live in Nevada *said no one ever*

[@SuperDave-vj9en]

A few years ago, I was the highest bidder on a BLM land bid for a Northern Nevada geothermal sale. With the backing of ORMAT Energy for a 9 megawatt plant, the CPU and Sierra Pacific Power fought both, tooth and nail, to a point we gave up!

[@jordan6266]

we should just make africa one big solar power plant

[@robertparks2933]

To your point, it's not only probable, but fully possible... www.businessinsider.com/map-shows-solar-panels-to-power-the-earth-2015-9

[@ageofempires1993]

Even without counting negative externalities, solar beats current power grid anyday !

[@waterfoker8558]

buffet didn't get to where is by being nice ya know... he has massive invested interest in oil

[@GetOutsideYourself]

Those who can afford it should double down and get 100% off the grid. Fuck the utilities.

[@matthewkohen2288]

its musk vs buffets monopoly and coke bros. coal and bill gates nuclear-power. .

[@G8tr1522]

Matthew Kohen Koch*

[@matthewkohen2288]

Sorry.. i was thinking of something else..

[@DPloiDEBT]

Matthew Kohen Power plants don't have competition because they are a necessity. In LA you pay the DWP and no other provider because there is no other provider. Solar panel would be its competitor. If you have taken economics you would actually learn that power plants don't have competition so they are regulated by the government so they don't ripoff people too much even though you get ripped off anyway.

[@DPloiDEBT]

Matthew Kohen but all in all no matter what energy provided, it will always end up a monopoly which sucks!

[@matthewkohen2288]

I agree with you. But I was talking worldwide. Whoever controls the energy controls everything. That's why it's a petro-dollar

[@MrBoss2531]

Very sad to hear. I support your fight for free solar everywhere . Good luck. Keep up the fight.

[@livingmaga6299]

well the solar city customers can invest another 5 grand in there new solar city battery system. I'm waiting for the tech. in the panels to be more efficient.

[@bearb1asting]

I want to buy your editor and producer a drink. Well done.

[@povelvieregg165]

Norwegian here who struggle to understand how the power delivery system works in the US. Here in Oslo, Norway I can choose between 208 power companies to deliver electricity to me. So how come come there is just ONE company to get electricity from in all of Nevada? I thought the US was all about the free market. We are supposed the be the crazy socialists over here in Scandinavia :-D But we got one big electric market so Norway sells hydroelectric power to e.g. Denmark or buy wind power form them when they produce a lot. We had market based trading in power since the 80s or so. Why would Nevada opt for Soviet style monopolies for power delivery. Isn't free competition better?

[@AC14xSkateOrDie]

Is there an update on this?

[@winistan]

Land of the free... my ass!!!

[@Intuitivism]

Great piece of real journalism. Way to go Bloomberg

[@patientfirbolg3299]

"The biggest nuclear reactor in the universe" umm no

[@connorjames4756]

I've helped 12 homes get installed with solar at no upfront cost. They payed zero for the service including survey installation design hookup. 30 days later the homeowners get an electric bill 30% less then they payed last month. The family can generate their own power and pay less for clean power. Simple smart better.

[@summarizedeconomy4833]

Huh... If Warren buffet and Elon musk worked together wouldn't they made a great team? More solar, more business, more money. And he is doing a great deed for future generations.

[@jjones-l8n]

The title of the video should have been "It's MONOPOLY UTILITIES vs. FREE MARKET COMPETITION SOLAR in Fight for the Future of Competition."

[@plantphysique67]

Voting for Elon Musk and Solar City

[@maximemobayen1500]

WE ARE SUPPOSED TO LEAVE THIS PLACE BETTER FOR OUR KIDS WHEN WE GO

[@kangli8794]

Harold McMaster was a genius He started first solar and held more than a 100 patent to his name in inventions that are environment friendly Yet all you hear is Buffett

[@JohnSmith-ir2ui]

The local utility monopolies are fighting against solar when in reality we should have all forms of energy competing with each other in the country!

[@Loppy2345]

This video isn't about solar, it's describing the problem with public companies influencing policies that affect society.

[@arcturus9366]

It doesn’t matter if you are liberal or conservative, solar is the future

[@ALLElectricChannel]

No mention of Tesla’s powerwall in the whole video? Come on... this will cut the utility out completely

[@magnusorn7313]

yes, for people who could afford it

[@makemoney5977]

A 2 year video hopefully they kept their solar power!

[@andrewbrady3139]

This is why big business and politicians should have no contact. Of the people, by the people, for the people. COMPANIES ARE NOT PEOPLE!!!!!

[@selasortech6645]

It's not a fight. They should be working together

[@jamieoglethorpe]

Is this the reason for the Tesla - Solar City Merger? With Tesla's Gigafactory, Tesla is the biggest investor in Nevada. Perhaps that will lend weight to the reversal of this policy.

[@bagondreamer]

That's why you have energy companies as crown corporations so that prices are tightly regulated like it is here in Canada.

[@vaultvon2126]

it is not really a competition or should not be. it should be a helping hand in each sides.

[@eternitynaut]

Screw the grid, add energy storage and make a local microgrid. Let them come begging for them to connect to the national grid and then let them be told they won't be allowed to mooch.

[@phamcuong9183]

Warren invested Billions in renewable energy himself. He fights against solar because he still owns a lot of shares in those utilities companies. Sooner or later, solar will take over the market. It’s not random that they work so well in Europe but not here in the US. Utilities companies will do everything they can to crew solar customers by changing the rates and the rates structures. As a former solar salesman, I recommend batteries for homeowners. Batteries will be affordable soon since more and more companies are mass producing them now. If you have solar and struggle with true-up bills, I recommend looking into temporary batteries or what I called smart batteries like what JLM has, the company I used to work with. It might help you get away from the insane utility rates change.

[@robotic2000k]

This is 2018, what happened eventually? Anybody knows or can point to a recent source?

[@toptobottom247]

A friend of mine whom has had Solar City for about 2 years regret doing it. It was easier to put right by the panels and hooking the entire system to battery backup and power up the house on an alternative circuit. He hasn't paid for electricity in over a year. This shit has also been a problem in California with Edison. It's not illegal to have power backup. It's how it's worded and how it pass code. Don't do what my friend has done unless you plan on retiring in that home.

[@DavidRabanus]

Solar is still the way to go. The problem is whether one wants to distribute the power, or better use it for your own purposes. A big battery or an electric car would be options...

[@karlosdelacruz3803]

The greed and profit margins of capitalist ventures never really loses does it...

[@lakecrab]

I am seeing the PV panels springing up in my area. The State was giving 80% tax rebates. My inner skeptic STILL sees problems. My questions. 1) What if the roof goes bad...now you must pay for take down and reinstall of the PVs. 2) What about a major hail storm....impact resistance? 3) Lack of cooperation from utility cos or reneging on former cooperation and killing payback. 4) Does the power output depreciate with time?...loss of efficiency due to UV degradation. 5) What if the PVs fail prematurely...terms of warranty?...My insulating windows were lifetime warrantied...The scuzzball company went out of business, so any repair or replacement is ON ME. And, that's IF I can get parts that fit. 6) What if the PV installers screw up your roof to the point where it needs major repairs by a reputable, qualified roofer...good roofers are EXPENSIVE!