Subject: Questions for Becky
I'm starting this thread as a placeholder for any questions we all have sent to Becky Quick to ask at this year's annual meeting (one week from today!), as well as for any comments we have about those questions. I sent her the following and hope she doesn't eliminate it out of hand for being too long:
Among currently available energy sources, nuclear provides the highest energy-return-on-energy-invested over the full cycle, delivering baseload power with very low carbon intensity. Its development requires several things that Berkshire has:
• Abundant capital
• Long-term thinking
• Operational discipline
• Regulatory expertise and patience
• Risk mitigation mindset
• Power distribution knowledge and assets
Why hasn’t Berkshire gone big into nuclear energy production? We could gain the needed engineering expertise via acquisition or partnership, and nuclear could be a good place to put lots of capital at reasonable regulated returns while supporting U.S. industrial reshoring.