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[Right Column] Warren Buffett sinks climate measure, says world will adapt

 

"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." ... "Believe me, Chevron is not an evil company," he added. "I have no compunction — in the least — about owning Chevron. And if we owned the entire business, I would not feel uncomfortable about being in that [industry]."

"What's happening will be adapted to over time, just as we've adapted to all kinds of things," said Buffett, who has a net worth north of $103 billion.

VP Charlie Munger was even more skeptical of the scientific consensus. "I don't think we think we know the answer to all these questions about global warming and so forth. And the people that ask the questions think they know the answers," he said. "We're just more modest."

Published:5/3/2021 12:33:40 PM
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