Posted on 03/03/2022 9:27:35 AM PST by Signalman
An expose by the Washington Times indicates that many left-wing Democrats — who advocate aggressive measures to deal with climate change — have sold their interests in renewable energy sources and switched their investments to profit from high returns in fossil fuel investments during the past few weeks.
Rep. Lois Frankel (Democrat from West Palm, Florida) who says she is a strong supporter of the Green New Deal, sold her stake in a solar energy business and invested as much as $60,000 in fossil fuel companies.
Because House rules permit members to estimate their holdings in ranges, precise numbers are unavailable, but the disclosures document show, according to the Washington Times that she “offloaded $1,001 to $15,000 worth of mutual funds on Jan. 10 in SolarEdge Technologies, a global solar inverter manufacturer with headquarters in Israel. On Jan. 10 and 11, Ms. Frankel purchased $2,002 to $30,000 worth of stock in Diamondback Energy, an oil and natural gas company, and $2,002 to $30,000 in fossil fuel company Hess Corp.”
The Washington Times reported that Rep. Frankel, “this past October, also invested $4,004 to $60,000 in Duke Energy and Dominion Energy, some of the country’s top polluters. Duke is ranked second on the Political Economy Research Institute’s Greenhouse 100 Polluters Index. Dominion is ranked 14th.”
She was not alone in talking green energy but taking green cash by investing in fossil fuels. Former chairman of the Democratic National Committee Debbie Wasserman Schultz also cashed in. The Washington Times reports that Wasserman Schultz “invested $3,003 to $45,000 on Jan. 20 in Patterson-UTI Energy, an oil drilling company.”
If you can’t beat em’...
Facts are a stubborn reality.
Yeah, well, we already knew all that. Didn't we?
Way, way past time to clean the cockroaches from congress, both sides!
“ The Washington Times reported that Rep. Frankel, “this past October, also invested $4,004 to $60,000 in Duke Energy and Dominion Energy”
To be fair these 2 are utilities and not oil and gas 🤪
I’ve owned both and they are good dividend payers.
Hypocrites.
The ultimate in insider trading.
Michael Moore was condemned by the Left for producing his greenwashing documentary “Planet of the Humans”. Basically it shows that all the billionaires were heavily invested in all this climate change stuff, and how we were being purposely misled that investments in that area would pay off in lowering CO2. The big Dem donors and thus the Dem party itself basically silenced him and he dropped that line of inquiry so as to maintain his leftist bona fides. It’s just another scam for the rich with which to direct government spending towards their own financial interests and won’t do anything to alter “climate change”.
Thanks, Joe, for killing the Keystone Pipeline and restricting federal oil leases, including offshore. I hope this buys you fewer votes from the oil people than it does from those of us who must drive to work...you twit!
You know that stuff that keeps everyone alive?
We need to use less of that.
wtf
Yabut it’s not us who need to be told this.
It’s her voters, independents and democrats in her district.
Unfortunately, I’ll bet none of them read DickMorris.com or will see a single news article or TV news story about this.
Hey, I own the same two.
Well, how about that!
No “sacrificing” here. The time came to make a play that can pay, and they made it. So much for caring about the environment. Here’s the greenback new deal. Drill, baby! Drill! Kill, Russia! Kill! Then sell.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.