Buffett’s Bet on Rail: What Does It Mean for Transport and Energy?
Streetsblog New York City —
... But what does Buffett's purchase mean for the nation's energy future? The so-called "Oracle of Omaha" told CNBC today that his decision was "a bet on the country" as well as a bet on the viability of cleaner transportation:
BNSF last year... moved a ton of goods 470 miles on
one gallon of diesel. It releases far fewer pollutants into the
atmosphere. It saves enormously on energy consumption and...
it diminishes highway congestion. Rails last year moved 40 percent,
more than 40 percent, over the country. They moved more than all ...
Buffett’s Bet on Burlington: What Does it Mean for Transport and Energy?
Streetsblog Los Angeles —
... But what does Buffett's purchase mean for the nation's energy future? The so-called "Oracle of Omaha" told CNBC today that his decision was "a bet on the country" as well as a bet on the viability of cleaner transportation:
BNSF last year ... moved a ton of goods 470 miles on
one gallon of diesel. It releases far fewer pollutants into the
atmosphere. It saves enormously on energy consumption and ...
it diminishes highway congestion. Rails last year moved 40 percent,
more than 40 percent, over the country. They moved more than all ...
