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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.
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.
On March 11, Kerry divested between $4 million and $15 million in assets from more than 400 companies, including those energy-sector interests.
New climate envoy John Kerry sold off energy holdings to avoid conflict of interest, disclosures show
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.
On March 11, Kerry divested between $4 million and $15 million in assets from more than 400 companies, including those energy-sector interests.
New climate envoy John Kerry sold off energy holdings to avoid conflict of interest, disclosures show