Reported about 2 months ago
Warren Buffett is making headlines by investing $35 billion in a renewable energy initiative that remains unproven, all while significantly backing fossil fuel companies like Chevron and Occidental Petroleum. Despite concerns about the economic feasibility of carbon capture technology, Buffett believes successful investments in this area could sustain the oil and gas industry. His long-term strategy indicates confidence in evolving energy solutions, setting him apart from current market trends.
Source: YAHOO