Green Blog Media

That’s Quite a Nice New Toy You Got There, and It’s Not Even Xmas
Has the Oracle of Omaha seen the future? If so, it seems to include more trains, because Berkshire Hathaway, Warren Buffett’s investment vehicle, decided to buy the remaining 77.4% of Burlington Northern Santa Fe (BNSF) railway that it didn’t already own, and the price tag wasn’t small: 44 billion dollars when cash, stock and debt are included. Mr. Buffett says that he’s betting on “the United States”, because “railroad operators cannot do well unless American businesses were producing goods and customers were buying them.” But is it possible tha… Read the full story on TreeHugger
Go to Source

Related posts:

1. $172 Billion Will Be Sucked From Global Economy Every Year if We Let Coral Reefs Die Off
2. BP Gulf Oil Spill’s Impact on Tourism Estimated at 3 Years, Nearly $23 Billion
3. China’s 45 Billion Disposable Chopsticks Require 100 Acres of Forests Every 24 Hours
4. Research Shows Ocean Chemistry Delayed Evolution by 1 Billion Years
5. Amazon Storm Killed Half a Billion Trees in Two Days