John Kerry, the Biden administration’s climate czar, made millions off of his stock in various companies in the energy industry before taking his current post, according to financial disclosures.
The former Secretary of State divested his portfolio to avoid conflicts on interest upon becoming President Joe Biden’s Special Presidential Envoy for Climate.
An ABC News analysis of Kerry’s filings found, while he substantially lowered his financial interests in the energy sector in recent years, Kerry owned millions of dollars in stock in oil and gas companies during his time in Congress and in the Obama administration.
The analysis shows Kerry recently had a stake in a minimum of three dozen companies connected to the energy industry, including the oil and gas, electric, and nuclear sectors, worth anywhere from $204,000 to $960,000. He also held high-ranking posts on various firms and entities that his climate policies may now regulate, including chairman of the advisory board for Climate Finance Partners, and president of the Vietnam Sustainable Energy Corporation.
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