Warren Buffet Spends $1 Billion on Largest Land-Based Wind Power Purchase Ever

[Warren Buffet’s] purchase [is] a sign that wind power is becoming competitive even without government subsidies.

This move is part of a long-term strategy on Buffet’s part — his company is already planning to slowly close down some of its coal-powered plants in 2015 as the new turbines start to go online. He’s pointed out before that utilities can easily make investments in clean energy if they simply retain some of their earnings each year, and now it seems he’s decided to lead by example.

 Julie M. Rodriguez, Inhabitat

I discovered this article thanks to fellow-blogger, Energised Communities.

%d bloggers like this: