Monday Jun 13, 2022
Climate Investor Who Challenged Warren Buffet Shares Call to Action on Pipelines
Freeda Cathcart is a climate investor who challenged Warren Buffet, and for decades, was a passive owner of utility company stocks, content with dividend checks and confident that regulators had her and the environment's best interest. In 2017, Trump rolled back federal oversight of the industry and changed everything. Cathcart believes pipelines and gas won’t be economically sustainable due to competition from clean energy and pressure for organizations to cut emissions. She joined the Wild Virginia Coffee Talk Podcast to chat about concerns on energy companies’ relationships to pipelines like the Mountain Valley pipeline, and new rules proposed by the Securities and Exchange Commission that would enhance and standardize climate-related disclosures for investors.
"If you pay a sales tax in Virginia...your money is funding climate change, and you have every right to say that you don't want that to happen anymore."
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