Notable & Quotable: Warren Buffett on Climate
‘Up to now, climate change has not produced more frequent nor more costly hurricanes nor other weather-related events covered by insurance.’
From Warren Buffett’s annual letter to the shareholders of Berkshire Hathaway Inc., regarding a proxy proposal to discuss at the company’s annual meeting the danger climate change presents for an insurer:
It’s understandable that the sponsor of the proxy proposal believes Berkshire is especially threatened by climate change because we are a huge insurer, covering all sorts of risks. The sponsor may worry that property...
![[http://m.wsj.net/video/20160301/20160301calais/20160301calais_167x94.jpg]](http://web.archive.org/web/20160301123926im_/http://m.wsj.net/video/20160301/20160301calais/20160301calais_167x94.jpg)
![[http://m.wsj.net/video/20160229/022916bugattib/022916bugattib_167x94.jpg]](http://web.archive.org/web/20160301123926im_/http://m.wsj.net/video/20160229/022916bugattib/022916bugattib_167x94.jpg)
![[http://m.wsj.net/video/20160229/022316trumprally5/022316trumprally5_167x94.jpg]](http://web.archive.org/web/20160301123926im_/http://m.wsj.net/video/20160229/022316trumprally5/022316trumprally5_167x94.jpg)
![[http://m.wsj.net/video/20160301/030116vwprotest/030116vwprotest_167x94.jpg]](http://web.archive.org/web/20160301123926im_/http://m.wsj.net/video/20160301/030116vwprotest/030116vwprotest_167x94.jpg)
![[http://m.wsj.net/video/20160229/022816redcarpet2/022816redcarpet2_167x94.jpg]](http://web.archive.org/web/20160301123926im_/http://m.wsj.net/video/20160229/022816redcarpet2/022816redcarpet2_167x94.jpg)
