Home / US / John Kerry invested in oil companies before becoming Biden’s climate ambassador, financial disclosures showed.

John Kerry invested in oil companies before becoming Biden’s climate ambassador, financial disclosures showed.



Biden’s special envoy for climate change, John Kerry, had invested in oil companies before selling shares out of office as he took office.

Kerry’s Financial Disclosure Form, obtained by Fox News, shows the former secretary of state has invested financially in several oil companies, including Duke Energy, Cimarex, Dominion Energy, Exelon Corporation and Valero Energy.

As Biden’s climate ambassador, he would push a policy against his personal investments before taking over. At the same time that Kerry has investments in oil companies, he also works with climate group The Rise Fund, where he serves as senior adviser and Climate Finance Partners, where he serves as chairman of the advisory board.

In early March, Kerry warned the oil and gas industry that if clean energy was not accepted, it would He said the industry should find answers to “sitting there with a lot of owed assets”

; and “ended up in a bad fight.” How can we not be an oil and gas company? But how do we become an energy company? “

The financial form showed that Kerry’s total investments were worth between $ 4.2 million and $ 15 million.He received $ 5 million from Bank of America and received hundreds of thousands of prize money from Deutsche Bank, Zurich Insurance Company and MedStar. Washington

Click here to get the FOX NEWS app.

The State Department told Axios, reporting for the first time on Kerry’s financial disclosure, that the climate goddess had sold off all assets that could create a conflict of interest. State that he will not participate in decisions related to his former clients and his employer.

Kerry has also faced scrutiny over the family’s use of private jets as he talks about climate change.The jet recently made its way to Idaho while he took on a weather tour during. Country Fox News reports.


Source link