While some major US investors are shying away from the oil and gas industry in an attempt to woo environmentalists, billionaire Warren Buffett isn’t.
In fact, he told the 2021 Berkshire Hathaway Annual Shareholders meeting over the weekend he supports one oil and gas giant, Chevron.
As Yahoo Finance reported, Buffett rebuked environmental concerns over the $4.1 billion stake his company Berkshire Hathaway has in Chevron. He said Chevron benefits society and criticized advocates on either extreme of corporate sustainability as “nuts.”
Click here for Yahoo Finance story.
