Platinum Contributing Member Highmark Posted May 3, 2021 Platinum Contributing Member Share Posted May 3, 2021 https://www.foxnews.com/politics/john-kerry-climate-investments-oil-companies John Kerry, President Biden’s special presidential envoy for climate change, held investments in oil companies prior to divesting from the stocks as he took over the position, according to financial forms. Kerry's financial disclosure forms, which were obtained by Fox News, show that the former secretary of state was financially invested in numerous oil companies, including Duke Energy, Cimarex, Dominion Energy, Exelon Corporation and Valero Energy. As Biden's climate envoy, he will push policies that run counter to his personal investments before taking over the post. At the same time that Kerry held investments in oil companies, he also worked with climate groups The Rise Fund, where he served as a senior adviser, and Climate Finance Partners, where he acted as chairman of the advisory board. In early March, Kerry warned the oil and gas industry that if it doesn't embrace clean energy it will be "sitting there with a lot of stranded assets" and "end up on the wrong side of the battle." He also said the industry should be figuring out "how do we become not an oil-and-gas company, but how do we become an energy company." The financial forms show that Kerry’s total investments were valued between $4.2 million and $15 million. He was paid $5 million from Bank of America and collected hundreds of thousands in honorarium from the likes of Deutsche Bank, Zurich Insurance Company and MedStar Washington. The State Department told Axios, which first reported on Kerry's financial disclosure, that the climate czar has divested from all assets that could pose conflicts of interest. Kerry has signed an ethics pledge stating he will not participate in decisions involving his former clients and employers. Kerry has also faced scrutiny over the use of his family's private jet as he speaks out against climate change. The jet recently made a trip to Idaho as he went on an international climate tour, Fox News reported. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted May 3, 2021 Share Posted May 3, 2021 So he divested right? Is this what the past president did? Asking for a friend. Quote Link to comment Share on other sites More sharing options...
Fireball 440 Posted May 3, 2021 Share Posted May 3, 2021 The past president, what was his name again? Say his name MC. Say it. 2 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted May 3, 2021 Platinum Contributing Member Share Posted May 3, 2021 No shortage of Hypocrites in Washington Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted May 3, 2021 Share Posted May 3, 2021 7 minutes ago, Mainecat said: So he divested right? Is this what the past president did? Asking for a friend. Divested from being a hypocrite? Not a chance pant shitter. 1 Quote Link to comment Share on other sites More sharing options...
Anler Posted May 3, 2021 Share Posted May 3, 2021 I have been gobbling up CHEVRON stock for 4 years. Loving it! Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted May 3, 2021 Author Platinum Contributing Member Share Posted May 3, 2021 19 minutes ago, Mainecat said: So he divested right? Is this what the past president did? Asking for a friend. Divested because he knew he'd being doing things to hurt the industry. Come on MC you got to admit he's being a bit hypocritical taking the position when he just had as much as $15 million invested in oil. Quote Link to comment Share on other sites More sharing options...
Zambroski Posted May 3, 2021 Share Posted May 3, 2021 1 hour ago, Skidooski said: No shortage of Hypocrites in Washington A finer group of a elected representatives mirroring their voters cannot be found! 1 Quote Link to comment Share on other sites More sharing options...
Mainecat Posted May 3, 2021 Share Posted May 3, 2021 All of those companies are comprised of all types energy products from wind, solar and clean oil. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted May 3, 2021 Share Posted May 3, 2021 37 minutes ago, Highmark said: Divested because he knew he'd being doing things to hurt the industry. Come on MC you got to admit he's being a bit hypocritical taking the position when he just had as much as $15 million invested in oil. Dude where was your outcry when Trump invested in Chinese companies? Hypocryte? At least Kerry divested himself something Trump and his grifter family never did. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted May 3, 2021 Author Platinum Contributing Member Share Posted May 3, 2021 1 minute ago, Mainecat said: Dude where was your outcry when Trump invested in Chinese companies? Hypocryte? At least Kerry divested himself something Trump and his grifter family never did. Link? Quote Link to comment Share on other sites More sharing options...
Zambroski Posted May 3, 2021 Share Posted May 3, 2021 59 minutes ago, Highmark said: Link? X2. Good lord, please don't make it a CNN link. Quote Link to comment Share on other sites More sharing options...
Fireball 440 Posted May 3, 2021 Share Posted May 3, 2021 9 minutes ago, Mainecat said: All of those companies are comprised of all types energy products from wind, solar and clean oil. Clean oil. 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted May 3, 2021 Author Platinum Contributing Member Share Posted May 3, 2021 11 minutes ago, Zambroski said: X2. Good lord, please don't make it a CNN link. I know Trump had some stuff made in China never heard about any investments. I think having stuff made there was stupid. Very willing to call him out on that. Quote Link to comment Share on other sites More sharing options...
Zambroski Posted May 3, 2021 Share Posted May 3, 2021 1 hour ago, Highmark said: I know Trump had some stuff made in China never heard about any investments. I think having stuff made there was stupid. Very willing to call him out on that. Yes and agreed. Now, has MC pm'd you these links of his Chinese investments or......does he consider paying them to make hats an "investment"? Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted May 3, 2021 Author Platinum Contributing Member Share Posted May 3, 2021 24 minutes ago, Zambroski said: Yes and agreed. Now, has MC pm'd you these links of his Chinese investments or......does he consider paying them to make hats an "investment"? Let's also remember Trump didn't say zero business with China or zero trade with China.....just fair business/trade with China. Quote Link to comment Share on other sites More sharing options...
Zambroski Posted May 3, 2021 Share Posted May 3, 2021 13 minutes ago, Highmark said: Let's also remember Trump didn't say zero business with China or zero trade with China.....just fair business/trade with China. Let’s call it “fairer”. It’s too late and they are the wrong people to try and get anything to be totally fair. They own most of DC now and their willingness to sacrifice their people and currency integrity is impressive. 1 Quote Link to comment Share on other sites More sharing options...
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