Buffett mum on dams
As he did last year, multibillionaire Warren Buffett has rebuffed a group of American Indians and commercial salmon fishers who protested at the annual shareholders’ meeting of his Berkshire Hathaway Inc. held in Omaha, Neb., May 4-5. They wanted him to agree to tear down four power dams on the Klamath River operated by a BH subsidiary, PacifiCorp. The dams, which provide electricity to about 70,000 people, block salmon access to 350 miles of prime spawning habitat.
Buffett said the matter was up to state and federal regulators, which are in the process of relicensing the dams for another 50 years. “In the end, we will do exactly what they say,” he told The Associated Press.