There are no ethical billionaires. I said it.

[hatrack]

37. Buffett denies climate science i.e. is a liar for money . . .

So was his late right-hand man, Charlie Munger.

EDIT

Buffett summed up his rejection of climate proposals succinctly at the 2014 Berkshire annual meeting: “I don’t think in making an investment decision on Berkshire Hathaway, or most companies — virtually all of the companies I can think of — that climate change should be a factor in the decision-making process.”

Berkshire vice chairman Charlie Munger has been less subtle, taking a tone on climate that once led Buffett to respond to his comments in front of shareholders by saying, “We don’t want to start a political rally.”

At the 2015 meeting, Munger said: “I don’t think it’s totally clear what the effects of global warming will be on extremes of weather. I think there’s a lot of guesswork in that field and a lot of people who like howling about calamities that are by no means sure, like a crazy ideology. Not that global warming isn’t happening, just you can get so excited and make crazy extrapolations that are not necessarily correct.”

A year later Munger had more to say about shareholder proposals: “We’re asked, as a corporation, to take a public stance on very complicated issues. We’ve got crime in the cities. We’ve got 100 — we’ve got 1,000 — complicated issues that are very material to our civilization. And if we spend our time in the meeting taking public stands on all of them, I think it would be quite counterproductive. And I don’t like the fact that the people that constantly present this issue never discuss any solution, except reducing consumption of fossil fuels. So there are geo-engineering possibilities that nobody’s willing to talk about, and I think that’s asinine, so put me down as not welcoming.”

EDIT

https://www.cnbc.com/2019/03/25/heres-what-warren-buffett-thinks-about-climate-change-and-investing.html

EDIT

Warren Buffett helped to defeat a shareholder resolution Saturday that urged his sprawling conglomerate Berkshire Hathaway Inc. to inform investors of the risks it faces from climate change. The billionaire also offered a full-throated defense of the oil and gas industry.

The failed climate risk resolution garnered support from more than 25% of Berkshire shareholders at its annual meeting. That more than doubled the high-water mark for an environmental proposal at the company, no small feat given that Buffett alone controls more than a third of Berkshire’s voting shares.

The support for the climate resolution — and another that called for a report on Berkshire’s diversity efforts, which garnered 24% of votes — are a sign to some Wall Street giants that the conglomerate’s 90-year-old chairman and CEO is increasingly out of step with mainstream investors.

Ahead of the vote, Berkshire’s top executives spent several hours answering questions from shareholders submitted via email. In that freewheeling forum, Buffett and his lieutenants defended their investment in the oil major Chevron Corp. and downplayed concerns about climate change."I think Chevron’s benefited society in all kinds of ways, and I think it continues to do so," said Buffett, whose company at the end of last year owned a 2.5% stake in the California-based driller. "We’re going to need a lot of hydrocarbons for a long time, and we’ll be very glad we’ve got them."

EDIT

https://www.eenews.net/articles/warren-buffett-sinks-climate-measure-says-world-will-adapt/