Warren Buffett's Berkeshire Hathaway Inc. wants to invest $3.9 billion to build a renewable energy farm in Iowa, the biggest in the U.S. so far. Big Tech companies in the region are, however, opposed to it, Bloomberg reported.
Big names in the technology industry such as Google, Microsoft, and Meta have been at the forefront of a push for renewable energy in the U.S. These companies often run their own power-hungry data centers, and over the years, these companies have worked to make them greener. In 2020, Google CEO Sundar Pichai pledged that the company's energy will be sourced in a carbon-free manner by 2030.
Bloomberg also reported that in other parts of the country, the tech bigwigs had pushed utility companies to shift to cleaner sources of energy. So, why are they opposing Warren Buffett's plan?
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