Has Warren Buffett Turned a Blind Eye to Greenhouse Gas Emissions?

According to a recent study in a scientific journal, ExxonMobil and ConocoPhillips are responsible for over 4% of global CO2 emissions since 1750.

For followers of Warren Buffet and investors in Berkshire Hathaway , this information may be a bit unsettling. The politics of global warming are certainly still up for debate, but the science, overwhelmingly, is not. 

For value investors, does the prospect of a rock-solid dividend in a stable value company outweigh both the social impact of profiting from these levels of carbon emissions, and the future risk to the bottom line as governments eventually up regulation to try and stem climate change?


In the video below, Motley Fool contributor Jay Jenkins explores the issue -- it's his view that the answer, while maybe difficult to swallow, is obvious.

Here is your dividend alternative to oil and gas
If you're looking for some long-term investing ideas, you're invited to check out The Motley Fool's brand-new special report, "The 3 Dow Stocks Dividend Investors Need." It's absolutely free, so simply click here now and get your copy today.

The article Has Warren Buffett Turned a Blind Eye to Greenhouse Gas Emissions? originally appeared on Fool.com.

Fool contributor Jay Jenkins has no position in any stocks mentioned. The Motley Fool recommends Berkshire Hathaway. The Motley Fool owns shares of Berkshire Hathaway. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Can't get enough business news?

Sign up for Finance Report by AOL and get everything from retailer news to the latest IPOs delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.