- John Kerry’s climate envoy for President Biden, contradicted the president’s call for increased investment in oil and gas.
- In a speech Tuesday, Kerry instead called for “dramatically reducing investment in fossil fuels.
- Kerry said that the world cannot hit its emissions reduction targets unless private companies, governments and international banks divest from oil and gas, claiming that for every $1 that is invested in green energy, $1.10 is invested in fossil fuels.
