Let me first talk about my conclusion: I don't think Buffett's increase in holdings has allowed traditional energy to take an absolute position in his holdings; on the other hand, Buffett's views on traditional energy are still quite optimistic.Renewable energy is an investment outlet, but there is also a lack of perfect solutions.
Berkshire right $Occidental Petroleum (OXY.US)$The number of shootings this year has reached the point of being “outrageous.” At first, I was also very puzzled. After all, when it comes to petroleum, almost all investment institutions, even OPEC, have predicted high oil demand in recent years. But we can start by simply sorting out Berkshire's investment in energy, and we may be able to find some clues from it.
First, Berkshire Hathaway Energy (BHE) was named Berkshire's fourth largest giant by Buffett. Basically, all of Berkshire's investments in the new energy sector come from BHE, including BYD. Other than that, the biggest company is MidAmerican. As of the end of 2021, MidAmerican is $Renewable Energy (LIST2572.US)$The total investment in the sector is about 13.6 billion US dollars, and in January 2022, an additional 3.9 billion US dollars in wind power and solar projects were added.
Next is our focus today, Occidental Petroleum, with a shareholding ratio of 19.2%.
The last part is a Chevron. As of the end of 2021, Berkshire held $Chevron (CVX.US)$382...