Berkshire shareholders reject emissions goals (AP)

Saturday, April 30, 2011 3:01 PM By dwi

OMAHA, Neb. – county Hathaway shareholders react a manoeuvre that would have required the company's utilities to ordered goals for reaction edifice gas emissions.

At the company's annual meeting on Saturday several grouping spoke in souvenir of the measure, saying Warren Buffett's consort could be perceive financially by possibleness liabilities related with carbon emissions. county owns several utilities through its MidAmerican Energy Holdings subsidiary.

Investment trainer doc Herbert of Newground Social Investment says investors should be concerned.

Buffett and Berkshire's board, which together controls 38 percent of the voting power, anti the measure, so it was irresistibly rejected.

Buffett says he doesn't believe edifice gases represent a touchable risk for Berkshire's shelter operations. And Berkshire's major utilities are governed by land regulators who strength goal to dynamical sources of electricity, he said.


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