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Warren Buffett spends billions to make Iowa the 'Saudi Arabia of wind' - Business Insider

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Warren Buffett is spending billions to make Iowa 'the Saudi Arabia of wind' — but climate change isn't the reason

— leading the charge on climate change, cutting carbon emissions at any cost. Instead, government incentives are fueling his investments in renewable energy.One of Berkshire's businesses, MidAmerican Energy, owns and operates. Those generate over 50% of the electricity it provides to customers in the state each year. Moreover, it is currently expanding capacity with the goal of satisfying 100% of its Iowa customers' annual energy needs using renewable sources.

"It's very hard to evaluate what they're doing," the so-called Oracle of Omaha told the newspaper. "I like to eat candy. Is candy good for me or not? I don't know."

 

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Iowa about to be the ugliest state in the Union.

Tax credits for wind seem better than tax credits for coal

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