| Worst week for Berkshire's stock in more than 1 1/2 years Last week, Berkshire Hathaway's stock price had rallied to new all-time highs.
This week, after four straight days of losses, the more widely-held Class B shares are down 5.8% from last Friday's close, and the Class A shares are down 5.5%.
It's the biggest weekly decline for both classes since they dropped almost 10% during the week ending June 12, 2020.  Berkshire's drop is in line with the S&P 500's 5.7% decline for the week.
But it did better than the Nasdaq Composite, which fell 7.6%, and is now well into correction territory with a plunge of more than 14% from its November record close.
Berkshire utility plans huge $3.9B renewable energy project in Iowa MidAmerican Energy is proposing an ambitious $3.9 billion renewable energy project in Iowa that a Bloomberg analyst says could be the "single largest wind project ever built in the U.S."
In a news release this week, the Berkshire subsidiary says it would include both wind (98%) and solar (2%) generation while also exploring new technologies, including carbon capture, energy storage, and small modular nuclear reactors.
The company says its Wind PRIME project, in combination with other initiatives, would allow it to deliver renewable energy equal to the annual usage of its Iowa customers. It estimates that in 2021, nearly 88% of the power it provided in the state came from renewable sources.  A wind turbine in Haverhill, Iowa. (2015) Reuters/Jim Young But the Des Moines Register notes that as "wind farms have grown across the state, they have attracted lawsuits and moratoriums over noise, health concerns and visual blight."
Solar projects are also facing some opposition from "rural residents concerned about loss of Iowa farmland and, especially for young farmers, the rapidly rising cost of the land that remains."
MidAmerican says it will need to keep some coal and natural gas-fired plants to "ensure reliability for customers."
The Register reports an Iowa environmental group welcomes the "aggressive deployment of renewables" but is concerned the announcement "does not mention any reduction in fossil-fuel generation."
If its plan is approved by state regulators, MidAmerican plans to complete construction in late 2024.
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BERKSHIRE STOCK WATCH
  BERKSHIRE'S TOP U.S. STOCK HOLDINGS - Jan. 21, 2022
 Berkshire's top holdings of disclosed publicly-traded U.S. stocks by market value, based on today's closing prices.
Holdings are as of September 30, 2021 as reported in Berkshire Hathaway's 13F filing on November 15, 2021, except for Apple, Bank of America, and U.S. Bancorp, which also include shares held as of September 30, 2021 as disclosed in New England Asset Management's 13F filing on August 16, 2021.
In addition to U.S. stocks, shares held as of December 31, 2020 of China's BYD, as listed in Buffett's 2020 letter to shareholders, are included. The price of those shares in U.S. trading is used to approximate the current market value of the position. The value of the stake as a percentage of the company's market value is fixed at what was listed as of December 31, 2020 in the letter.
The full list of holdings and current market values is available from CNBC.com's Berkshire Hathaway Portfolio Tracker.
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-- Alex Crippen, Editor, Warren Buffett Watch
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