BNEF Brief: The 'Green New Deal' Unveiled by Ocasio-Cortez

Bloomberg

Updated Thu, Feb 7, 2019, 6:39 PM

Feb.07 -- Representative Alexandria Ocasio-Cortez released a sweeping package of environmental measures Thursday that has pitted progressives in the House Democratic caucus against moderates over how far to go in pursuit of resetting the climate change debate. Their plan envisions shifting away from fossil fuels and other sources of emissions that cause global warming within 10 years. Bloomberg NEF's Stephen Munro talks with Bloomberg's Alix Steel about the "Green New Deal" and the chances it moves forward in Congress.

Berkshire's profit plunges 64% on portfolio holdings as Buffett sells Apple
Berkshire Hathaway's first quarter profits plummeted along with the paper value of its investments, but the company said Saturday that most of the businesses it owns outright performed well. The figures were heavily influenced by a large drop in the paper value of Berkshire’s investments. Buffett encourages investors to pay more attention to the conglomerate’s operating earnings that exclude the investment figures.
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Berkshire shareholders reject climate, diversity, China proposals
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Warren Buffett says Berkshire sold entire Paramount stake at a loss
NEW YORK (Reuters) -Warren Buffett said on Saturday that Berkshire Hathaway sold its entire holding in media and entertainment company Paramount Global at a loss and he took sole responsibility for the decision. "It was 100% my decision, and we've sold it all, and we lost quite a bit of money," Buffett said at Berkshire's annual shareholder meeting in Omaha, Nebraska. Berkshire held 63.3 million Paramount Class B shares at the end of 2023 or about 10.1% of the company.
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BNEF Brief: The 'Green New Deal' Unveiled by Ocasio-Cortez

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