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Quote of the Day: Warren Buffett On The Future of Rail

by LiveModern Webmaster last modified Jan 04, 2012 02:15 AM
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by last modified Feb 28, 2011

Image Credit: The White House The Oracle of Omaha, Warren Buffett, on his $26 Billion investment in the Burlington Northern Santa Fe Railroad, quoted in the New York Times: "Railroads have major cost and environmental advantages over trucking, their main competitor," said Mr. Buffett. "Our country gains because of reduced greenhouse emissions and a much smaller need for imported oil.




 

 

warren-buffett barak obama photo Image Credit: The White House The Oracle of Omaha, Warren Buffett, on his $26 Billion investment in the Burlington Northern Santa Fe Railroad, quoted in the New York Times:
"Railroads have major cost and environmental advantages over trucking, their main competitor," said Mr. Buffett. "Our country gains because of reduced greenhouse emissions and a much smaller need for imported oil. When traffic travels by rail, society benefits."
... Read the full story on TreeHugger

 

 

 
 
 

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