[MCN] Warren Buffett coy on climate change, still has money in coal and railroads that haul it

Lance Olsen lance at wildrockies.org
Tue Mar 26 11:09:27 EDT 2019


https://www.cnbc.com/2019/03/25/heres-what-warren-buffett-thinks-about-climate-change-and-investing.html <https://www.cnbc.com/2019/03/25/heres-what-warren-buffett-thinks-about-climate-change-and-investing.html>

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Despite recognizing the downsides of debt, the lure of spending remains strong.  After covering off on necessities, Americans said 40% 
of their monthly income goes toward discretionary spending on entertainment, leisure travel, hobbies, etc. In fact, when asked what 
financial pitfalls they are prone to, one quarter of Americans flagged “excessive/frivolous” spending.

https://www.northwesternmutual.com/about-us/studies/planning-and-progress-study-2017






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