Saturday, May 2, 2015

Big Polluters List: Berkshire Hathaway 5th on the list!




BIG POLLUTERS:


POLITICAL ECONOMY RESEARCH INSTITUTE


Berkshire Hathaway GHG 2013


RESOLVED: That Berkshire Hathaway establish reasonable, quantitative goals for reduction of greenhouse gas and other air emissions at its energy-generating holdings; and that Berkshire publish a report to shareholders by September 30, 2013 (at reasonable cost and omitting proprietary information) on how it will achieve these goals – including plans to retrofit or retire existing coalburning plants at Berkshire-held companies.

SUPPORTING STATEMENT:

Berkshire Hathaway owns MidAmerican Energy Holdings, whose subsidiaries generate roughly 72.7% of their electricity by burning coal. 

Electricity generation accounts for more carbon dioxide ("CO2") emissions than any other sector – more than even transportation or industry. US fossil fuel-powered plants (like MidAmerican's) account for nearly 40% of domestic and 10% of global CO2 pollution.

http://www.ceres.org/investor-network/resolutions/berkshire-hathaway-ghg-2013

Warren* just bought up a 400-megawatt wind farm under development in Holt County, to provide power to OPPD, and announced plans to spend $900 million on 522-megawatts of new wind farms in Iowa.
(*Berkshire is still the fifth-largest polluter in the U.S., mostly via MidAmerican's 72.7% reliance on coal.)
MidAmerican Energy plans $900 million worth of new wind-generated electricity capacity in Iowa, bringing the total wind farm investment it has announced this...
OMAHA.COM
 
 
 

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