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(WASHINGTON) Financial disclosures released by former Secretary of State John Kerry indicate that until March of this year he held hundreds of thousands of dollars of investments in energy-related companies that may end up being affected by policies he’ll help shape as President Joe Biden’s new climate envoy.
An ABC News analysis of his assets show that in recent years, Kerry held stakes in at least three dozen companies related to the energy industry, including firms dealing in electric, oil and gas, and nuclear energy, with shares worth between $204,000 and $960,000. Kerry had also recently held high-ranking positions within firms and entities that could end up being regulated by his climate action policies, filings show.
New climate czar John Kerry sold off energy holdings to avoid conflict of interest
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Replay Video UP NEXT Financial disclosures released by former Secretary of State John Kerry indicate that until March of this year he held hundreds of thousands of dollars of investments in energy-related companies that may end up being affected by policies he ll help shape as President Joe Biden s new climate envoy. An ABC News analysis of his assets show that in recent years, Kerry held stakes in at least three dozen companies related to the energy industry, including firms dealing in electric, oil and gas, and nuclear energy, with shares worth between $204,000 and $960,000. Kerry had also recently held high-ranking positions within firms and entities that could end up being regulated by his climate action policies, filings show.
REVEALED: John Kerry sold his shares in OIL firms on becoming Biden s climate czar to avoid conflict of interest - and after warning we only have nine YEARS to save the world from climate change
John Kerry, the United States’ Special Presidential Envoy for Climate disclosed millions in income, including a $5million salary from Bank of America
He also has been revealed to have a stock portfolio of up to $15 million
Disclosures reveal Kerry is one of wealthiest members of Biden administration
Kerry, 77, has divested assets that could pose a conflict of interest, and signed an ethics pledge barring him from participating in specific policymaking decisions
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Kerry divested to avoid potential conflicts with companies he might regulate.
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Financial disclosures released by former Secretary of State John Kerry indicate that until March of this year he held hundreds of thousands of dollars of investments in energy-related companies that may end up being affected by policies he ll help shape as President Joe Biden s new climate envoy.