28 Nov
After studying the business model of the Anshutz Corporation to build a 3 billion wind farm in Wyoming, it became apparent to me that the wiley Warren Buffett bought the railroads company for another reason NOBODY has figured out as of yet. Burlington Northern has the RIGHT OF WAYS to massive amounts of rail lines and the right of ways are gold mines for future wind power development for Mid American Energy as one can build transmission lines along the rail road right of ways.
Read the Berkshire Hathaway and Mid American reports on going into the renewable energy fields and the Mid American plans for wind power in mid America. Buffett has the money, Berkshire has the money, Mid American needs the tax breaks, and the plan to buy the railroads is going to pay off in the billions before its all over said and done for Mid American. The real reason Buffett bought the railroad is going to be for the ability to access the right of ways along the railroad lines to build transmission lines.
Read the Power Company of Wyoming business model and get back to me on my theory! Warren Buffett has pulled another rabbit out of the hat and nobody has seen it coming in how he is going to turn railroads into gold mines of green renewable energy.
The transmission lines are the hold up in green wind power. Buffett has pulled another quickie for a multiple of billions in future revenues and nobody has figured this out………..well, the secret is OUT!
4 Responses for "Warren Buffett=Berkshire Hathaway = Mid American Energy=Wind Power"
[...] Warren Buffett=Berkshire Hathaway = Mid American Energy=Wind Power … [...]
While you were an early advocate for APWR, you’re in the wake on this one; nevertheless, you’re moving in the right direction. Check out “Railroads & Windmills: Berkshire’s ‘Green’ Bets” from the November 9 edition of the Wall Street Journal. It’s a great read and will ultimately show you the next step, portable batteries with the capacity to store energy.
From that point you might proceed to an argument of whether lithium ion or lead-acid batteries are the future. Ultimately, the success of the wind power industry will depend heavily on the ability to store and transport the energy created.
Feedback?
sorry, I dont agree with the logic of spending 4 times the output of the stored power to produce wind power on demand, nope, I dont agree…..sorry, almost like Ethanol, to spend 1/2 a gallon to make a gallon dont make economic sense!
now WARREN BUFFETT talking ALL cars total electric in 2030……..wow, U might be right! Where will China get that much power ??
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