Can't have something that interferes with Buffet's oil choo-choos. Not that I would support such a thing, either, but I'm willing to "follow the money."
Global Warming on Free Republic here, here and here
Posted on 05/01/2016 7:44:23 AM PDT by rktman
Berkshire Hathaway shareholders have overwhelmingly rejected a resolution calling for the company to write a report about the risks climate change creates for its insurance companies.
CEO Warren Buffett says he agrees that dealing with climate change is important for society, but he doesn’t think climate change creates serious risks for Berkshire’s insurance businesses.
Buffett says the fact that Berkshire generally writes insurance policies for one-year periods allows it to regularly re-evaluate risks, such as climate change.
The activists who proposed the motion tried to urge Buffett to take a public stance in favor of measures to reduce consumption of fossil fuels, but he resisted.
(Excerpt) Read more at washingtonpost.com ...
Global Warming Insurance ?
Global warming is only for the little people.
Government shutting down coal mining is a far greater investment risk to Buffet than an increase in global temperature of 0.1°.
I have to pay for terrorism insurance on my business policy.
A win-win.
Then again, every natural disaster is caused by AGW.
You thinkin’ choo choo trains transporting coal and oil? Yeah, that could hurt the bottom line with a push to phase out the cheapest(?) fuel sources we have.
Insurance companies adjust to threats and always have.
When mold became known as a major health issue, insurance companies excluded it from coverage.
Ling-term imaginary weather conditions don’t affect annually written policies unless those conditions are ignored for long periods.
Whatever happened to the Ozone Hole that the Acid- Rain fell through?
Can't have something that interferes with Buffet's oil choo-choos. Not that I would support such a thing, either, but I'm willing to "follow the money."
Global Warming on Free Republic here, here and here
Somebody at or published by the Cato institute actually proposed a private program of insurance against acts of government. It seems like a sensible thing to do nowadays.
Warren the hypocrite stays the course of hypocrisy. Lol.
Thanks.
Some companies already require their suppliers to provide climate change mitigation documentation. So sad that these people have bought the lie hook line and sinker.
Thanks rktman.
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