u/ethereal3xp · 794d ago1 prior · 50% at 3mo
“Buffett's substantial capital allocation ($35 billion) toward Chevron and Occidental's carbon capture investments”
Warren Buffett's Quiet Power Move: Why He's Betting $35 Billion On A 'Yet To Be Proven' Renewable Energy Solution
Buffett is betting $35 billion on Occidental's carbon capture technology investments, positioning himself for long-term upside if the technology succeeds in making fossil fuels sustainable, despite the acknowledged execution risk.
At post $54.50Now $60.88+11.7% since postedas of Nov 2, 2:00 PM ET
1d—
3d—
1w-8.7%
1m-10.1%
3m-11.3%
6m-14.0%
1y-14.8%