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