John Kerry Lands At Green Firm Raking In Billions From Biden-Harris Subsidies
by Owen Klinsky Oct 8, 2024
Billionaire and liberal activist Tom Steyer’s green investing firm, Galvanize Climate Solutions, announced Sunday that President Joe Biden’s former Climate Czar John Kerry had joined the firm even as the administration continues to dole out billions in green subsidies. [emphasis, links added]
Kerry, who left his position as the White House’s U.S. special envoy on climate in January, will come on as a co-executive chair of Galvanize, which manages a fund with over $1 billion and specializes in “generating long-term value from the energy transition,” the press release states.
Under Kerry’s tenure as the White House’s top climate diplomat, Biden’s Inflation Reduction Act (IRA) allocated $370 billion to combat climate change, enriching many clean energy executives and affluent Americans and potentially bolstering some of Galvanize’s investments through government subsidies.
https://climatechangedispatch.com/john-kerry-lands-at-green-firm-raking-in-billions-from-biden-harris-subsidies/