According to a 1/28 press release from Nuclear Information and Resource Service. " MidAmerican Nuclear Energy Company announced that it is canceling its plans to build a new nuclear reactor in Payette County, Idaho." The company cited the poor economics of nuclear power. The press release said:MidAmerican was planning on Warren Buffett’s Berkshire/Hathaway company to provide major financing for the project. Buffett is a major owner of MidAmerican.
Which leads NIRS to the obvious conclusion:
"If Warren Buffett cannot figure out how to make money from a new nuclear reactor, who can?"
1 comment:
FPL doesn't need Warren Buffett, it has gullible Florida rate payers.
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