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Commentary: Financial Docs Show John Kerry Invested in Oil Companies Before Joining Biden Admin

by Western Journal
April 30, 2021 at 11:19 pm
in Wire
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John Kerry Faces Backlash for Photo of Him Not Wearing Mask on Plane — He Responds

FILE PHOTO: FILE PHOTO: John Kerry, U.S. President-elect Joe Biden's special presidential envoy for climate appointee, speaks as President-elect Biden announces his national security nominees and appointees at his transition headquarters in Wilmington, Delaware, U.S., November 24, 2020. REUTERS/Joshua Roberts/File Photo

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New financial disclosures reveal that former Secretary of State and current Biden administration climate czar John Kerry reportedly divested stocks in oil and gas firms before joining on to spearhead Dear Creepy Uncle Leader’s “green agenda.”

According to the newly disclosed records, Kerry held investments in a number of energy companies including Duke Energy, Cimarex, Dominion Energy, Exelon Corporation and Valero Energy.

If it seems a little hypocritical for the newly crowned U.S. special presidential envoy for climate to have so recently been invested in, oh I don’t know, oil companies, that’s probably because, well, it is.

“As [President Joe] Biden’s climate envoy,” Fox News explained, Kerry “will push policies that run counter to his personal investments before taking over the post.”

Ya think?

“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.”

Axios, which first reported on Kerry’s financial disclosures, noted that he was paid upwards of $125,000 consulting for The Rise Fund, a green energy investment firm.

The financial documents reviewed by Fox additionally reveal that Kerry had between $4.2 million and $15 million in stocks at the above-mentioned companies, as well as over $5 million for sitting on Bank of America’s global advisory council and hundreds of thousands from Deutsche Bank, Zurich Insurance Company and MedStar Washington for speaking engagements.

While Kerry has been criticized for flying on a private plane while traveling to talk about the importance of reducing fossil fuel use, he’s committed to a green agenda so far-reaching that he’d like oil companies to reimagine their identity as “energy companies,” as Fox noted.

The Obama administration alum and failed presidential candidate, meanwhile, is married to an heiress — one of the wealthiest members of the new administration — and his own family isn’t too far disconnected from the messy Biden family business overseas.

He’s as swampy as a swamp creature can get and he’s spearheading what could, if the Biden administration has its way, turn into the largest restructuring of the energy economy perhaps ever seen in world history.

The administration, by way of explanation, is simply pointing to the fact that he’s no longer invested in the oil companies he’s now been tasked with crafting presidential initiatives to radically transform.

“The State Department, where Kerry officially works again, says he has divested assets that could pose a conflict of interest, and signed an ethics pledge barring him from participating in specific policymaking decisions that could affect his former clients and employers,” Axios reported.

“The State Department’s Ethics Office reviewed Special Presidential Envoy Kerry’s assets and investments upon his appointment to identify holdings that could pose a significant risk of a conflict of interest,” a State Department spokesperson told Axios of the climate czar’s previously held investments.

Ooooh I see, so it totally doesn’t matter that he just sold his investments in companies that profit from fossil fuels now that he’s supposed to be crafting policy for an administration that has said it wants to see an end to fossil fuels since he doesn’t hold the stocks anymore.

Yeah, no, totally understandable. What else was he supposed to do, practice ideological consistency?

Ha! I doubt there’s anyone who’s holding out much hope that we’ll see much of that from the new, radical, almost shamelessly hypocritical administration or anyone else involved in getting America to the point we’re at now.

The swamp creatures have the run of the place now.

This article appeared originally on The Western Journal.

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