Reported 3 days ago
Greg Abel, soon to succeed Warren Buffett as CEO of Berkshire Hathaway, is facing scrutiny for defending the company’s extensive coal operations. Despite starting his career in clean energy, Abel's recent comments about coal emissions and the importance of coal plants to grid stability raise concerns over the company's commitment to transitioning to renewable energy. Critics, including the Sierra Club, highlight Berkshire's lobbying efforts against environmental regulations and its slow pace in retiring coal plants amid a growing climate crisis.
Source: YAHOO