John Kerry’s Financial Crusade Against Oil and Gas

The president’s climate envoy has been pressuring banks and financial institutions to reduce their commitments to U.S. oil and gas companies and join the Net-Zero Banking Alliance, which would hobble the ability of oil and gas companies to increase production. Citi, Wells Fargo, Bank of America, Morgan Stanley, Goldman Sachs and JPMorgan Chase signed on to the alliance this year.

Mr. Kerry’s efforts didn’t go unnoticed. In April, members of the Senate Banking Committee sent him a letter expressing concern that he had “been pressuring banks to make extralegal commitments regarding energy-related lending and investment activities” that would result in “higher energy costs for American consumers.”

In May, 15 state treasurers sent a letter to Mr. Kerry observing that he and other members of the Biden administration are “privately pressuring U.S. banks and financial institutions to refuse to lend to or invest in coal, oil, and natural gas companies, as part of a misguided strategy to eliminate the fossil fuel industry in our country.” They urged banks and financial institutions “not to give in to pressure from the Biden Administration.”

“As for Kerry, when will we be rid of this arrogant ass?!”

Doubt full. 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 as late as 2021, including Duke Energy, Cimarex, Dominion Energy, Exelon Corporation and Valero Energy.

What he is doing is a kin to short selling stock by using his position as a government paid advisor to the Biden administration for the cross over to green energy and the erasing of the fossil fuels he controlled and liquidated. It’s a swindle of the purchasing people and is against the law by the SEC.
But if you think the justice department is going to investigate and do anything about it you can go back to sleep. They’re too busy investigating Trump for the last few years trying to find something that is not blatantly out in the open...legal.

“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.

https://www.axios.com/john-kerry-financial-disclosure-d26d25e7-5201-477c-a166-ff1eb97aa4e4.html

wy69

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