Berkshire Meeting: Weighing Wind Vs. Solar
Gregg Warren from the analyst panel asks if the economics of wind-power generation are better than solar, as it appears that Berkshire is leaning toward investing more in wind lately.
"We have no bias for either one," he said. "We have a huge appetite for projects in either area. We are particularly well situated because we pay lots of taxes," and there are tax benefits to building both.
"It's really just a question of doing the math on the deals as they come along" in deciding between solar or wind. If a good solar project comes along, "we're ready to do it."
Click here to see the full live coverage of Warren Buffett at Berkshire Hathaway's annual meeting:
http://www.wsj.com/livecoverage/berkshire-hathaway-2017-annual-meeting-analysis
Write to Erik Holm at erik.holm@wsj.com
(END) Dow Jones Newswires
May 06, 2017 15:43 ET (19:43 GMT)