Beltway Confidential

Why is Buffett buying a huge solar farm?

By Timothy P. Carney

Published December 13, 2011 5:00am ET

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Why is Buffett buying a huge solar farm? — Billionaire Obama fundraiser Warren Buffett has bought the giant Topaz solar farm in California, estimated to be worth about $2 billion. Given that much of Buffett’s recent investment has been investment in big government — such as a too-big-to-fail bank, massive government contractors, and ethanol producers — the natural reaction to the Buffett-solar news is to […]

Billionaire Obama fundraiser Warren Buffett has bought the giant Topaz solar farm in California, estimated to be worth about $2 billion.

Given that much of Buffett’s recent investment has been investment in big government — such as a too-big-to-fail bank, massive government contractors, and ethanol producers — the natural reaction to the Buffett-solar news is to assume the guy is again seeking federal subsidies.

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