“Buffett sees the light (no pun intended). He’s decided to risk his own capital to help save us from the climate.  Except, in this case, ‘risk’ is for suckers. California utilities are under legislative mandate to get 33% of their electricity from renewable sources by 2020.  Twenty-nine other states also have similar mandates.  What can be better than circumventing the market, and having the law say that people must use your good or service? It’s like having your own printing press!  It gets even better for Buffett. Utilities are already signing contracts for the renewable energy. And guess what? The cost is way higher than current market prices.”

http://www.economicpolicyjournal.com/2013/01/bailout-buffett-sage-of-solar.html

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