Climate Czar John Kerry Puts Pressure on Wall Street to Prioritize Climate Change

John Kerry by Center for American Progress Action Fund is licensed under CC BY-ND 2.0

Failed presidential candidate and current climate envoy John Kerry is a very rich man. In fact, he’s worth an estimated $250 million, while his wife Teresa Heinz weighs in at about $1.2 billion.

One of the advantages of being linked up to big money like this is being friends with high-ranking bankers.

Now Kerry is trying to bring that to bear in his job as climate czar, asking banks to step up to the plate and help fund climate change initiatives.

It’s all part of the leadup to President Biden’s big “Earth Day” celebration on April 22, when new executive action on climate is expected.

What better way to make his boss happy than bring out a bunch of giant checks from Wall Street bigwigs and banks to commit to fighting climate change.

United States Secretary of State Signs Paris Agreement on Climate Change by United Nations Photo is licensed under CC BY-NC-ND 2.0

Kerry’s Capers

Banks including Citi, Wells Fargo, Bank of America, Morgan Stanley and Goldman Sachs have all committed to “net zero” climate emissions by 2050 goals and JPMorgan chase also says it’s going to lend out with the specific goal of trying to meet Paris Accord objectives.

Kerry is showing very clearly the power of being wealthy and having connections to finance. It ensures that your goals move forward while other ideas which are much better get left underfunded in the dust.

Kerry is able to visit very rich individuals and institutions and try to pin them down to funding climate change projects and initiatives because he’s got connections and the whole power of the federal government behind him.

His point, however, is that the government can’t do it alone and needs big finance to step up to fund them as well. Kerry wants banks to prioritize lending to “green” things and climate change fighting organizations and sectors,

“We have helped Secretary Kerry get a sense of the extent that leading banks are committed to the transition to a low-carbon, sustainable future,” said Bank of America spokesman Bill Haldin.

Biden’s Climate Agenda

Biden has said from the beginning that fighting climate change will be his top agenda, a point which has been echoed by people like Senator Chuck Schumer and many in the Democratic party.

Globalists like Biden, Kerry and UN climate financing chief Mark Carney are all working together to point the world in the direction of more restrictions, more guilt and more interruption of the private sector. They are helped along by people like tech billionaire and vaccine enthusiast Bill Gates, who also recently released a book on climate change called How to Avoid a Climate Disaster: The Solutions We Have and the Breakthroughs We Need. 

At the upcoming G20 meeting, Washington is going to have a leading role and will apparently be trying to work together on “sustainable” financing to fight climate change.

Why Kerry or his crowd think China would be an honest partner on climate after allowing COVID to overrun the world and lying about it is anybody’s guess, but eventually you start wondering whether Kerry and crowd are just dim or are genuinely disloyal to the United States.

Kerry’s strategy – along with the whole Biden administration – is clear. Get private finance and loan firms on board handing out big money so that they can make their plan look realistic and smart. In reality, of course, the reason more banks aren’t voluntarily coming forward to help out is that they know these are net-losers and that people – and economies – are not going to react well to being locked down even more and restricted heavily in the name of climate change.

This is especially true when we’re only now starting to see the beginning of the light at the end of the tunnel on COVID.