Berkshire Hathaway Shareholder Proposal

Resolution Requesting Divestment of Investments in Fossil-Fuel Companies

Lead filer: Nebraska Peace Foundation
Contact: Loyal Park, President, Nebraska Peace Foundation
lp94238@windstream.net • 402-489-6662

WHEREAS: Climate scientists assert with near unanimity that climate changes caused primarily by greenhouse gas emissions pose an existential threat to civilization. The ubiquitous burning of fossil fuels and their infrastructures must now be radically curtailed within a few short years to prevent the worst of possible consequences of climate changes.

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Berkshire Hathaway Shareholder Proposal Calls for Divestment from Fossil Fuel Holdings

In the wake of the international publicity the Nebraska Peace Foundation -- the 501 (c) 3 arm of Nebraskans for Peace -- generated with its shareholder resolution at the 2016 Berkshire Hathaway Shareholder Meeting on April 30th, the foundation has submitted a follow-up resolution for consideration at the forthcoming May 6, 2017 meeting in Omaha.

Earlier this year, in both the 2015 Annual Shareholder Letter and his remarks at the 2016 Berkshire Hathaway Annual Meeting of Shareholders itself, Warren Buffett did the world and the financial community a great service by acknowledging both the reality and the threat of climate change. In fact, he did so not just once, or in passing — he made this message an explicit focus.

In follow-up, a shareholder proposal has been formally submitted for a vote at the 2017 Annual Shareholders Meeting (proposal text attached below). In it, the Nebraska Peace Foundation asks Mr. Buffett to extend his public and corporate leadership by committing to divest Berkshire Hathaway of its fossil fuel holdings over a 12-year period.

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Trump’s Climate-change Denial Makes a Miserable Future More Likely

By Bruce E. Johansen, Frederick W. Kayser Professor at the University of Nebraska at Omaha, and the author of the forthcoming Climate Change: An Encyclopedia of Science, Society, and Solutions.

If carbon dioxide had a sense of humor, it would get a monstrous laugh out of Donald Trump’s two-word dismissal of it: “Chinese hoax.” Now that our incoming president, as well as the majority of the House and Senate, are in full-blown denial of climate change, its main causal agent would be rolling in the aisles. Trump even wants to withdraw from the Paris accords on climate change as the rest of the world’s 190 nations seek solutions to this existential threat that, over time, will imperil more people, plants, and animals than any other on Earth. Already, the last three years have set succeeding higher temperature records world-wide by large margins.

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Two-Headed Hydra

Top-down Nuclear Re-armament Meets Bottom-up Conservative Populism
by Loring Wirbel 

Loring Wirbel of “Citizens for Peace in Space” in Colorado Springs was the featured speaker for the 2016 Lantern Float commemorating the atomic bombings of Hiroshima and Nagasaki at Lincoln’s Holmes Lake August 6. The article below is a combination of his remarks at the Lantern Float and a longer public presentation he made during his visit to Nebraska.

On August 8, following my recent visit to Lincoln for the Hiroshima commemoration, the New York Times used a lead editorial to chide the Obama Administration for throwing away the aims of the President’s 2009 speech supporting nuclear disarmament, in favor of the “Strategic Force Modernization Plan,” which would spend close to $1 trillion through 2040 to modernize all three legs of the strategic nuclear triad. The editorial was one of the first major mainstream-media acknowledgements of a program that had moved into production in midsummer with scarcely a notice from the press or public.

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2016 Annual Peace Conference

Saturday, October 29 • Augustana Lutheran Church
in Omaha

The world is getting hotter.

Globally, July was the hottest month on the historical record, eclipsing ten straight months of record-breaking temperatures. The nation of Kuwait set a temperature reading of 129 degrees Fahrenheit—the hottest ever recorded on earth.

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