Abel elaborates on Berkshire Hathaway Energy's low-carbon transformation stance.

date
03/05/2026
The on-site question focused on climate and environmental protection issues, questioning Berkshire's subsidiary power company for continuing to invest in fossil fuels, and expressing the hope to understand when the group can completely stop using fossil fuels and make a substantial contribution to environmental protection. Greg Abel responded seriously, stating that Berkshire, as a major asset operator in energy, railways, pipelines, etc., prioritizes being a responsible asset manager in compliance with federal and state environmental regulations and emission reduction policies, and is pushing forward energy structure adjustment and decommissioning of old capacity in accordance with regulations. Using Iowa as an example, the company already has a clear energy retirement and reduction plan, with renewable energy utilization reaching 93% throughout the local energy system, leading in the United States. Abel admitted that the group has clear carbon reduction goals but cannot completely ban the use of fossil fuels at once. They aim to steadily reduce carbon footprint while ensuring stable energy supply and controllable electricity costs. With the surge in electricity consumption from AI large data centers, there is a realistic pressure to temporarily increase the demand for natural gas and carbon emissions during the transition. The company will continue to follow policy rhythms, adjust energy structure according to state and local conditions, and orderly phase out high-carbon assets, seeking long-term balance among compliance, supply assurance, and emission reductions.