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 Chevron and Occidental's carbon capture investments as a long-term bet that the technology will make fossil fuels economically viable indefinitely. If carbon capture proves successful, these companies' oil and gas production can continue profitably even as the world transitions to renewables.