Climate Cult Groups Want Kerry To Stop Wall Street From Investing In Fossil Fuels

Where does climate envoy and climahypocrite John Kerry get the authority to do this? Further, it just reinforces that these people are Fascists

U.S. Climate Groups Call On Kerry to Shut Off Wall Street Funds

Climate groups are calling on John Kerry to shut off the flow of money from Wall Street to the fossil-fuel industry and acknowledge the role of U.S. finance firms in warming the planet.

A total of 145 organizations, including the U.S. divisions of Friends of the Earth and Greenpeace, wrote to Kerry, the special presidential envoy for climate, requesting his support in addressing the contribution that banks and investors make to climate change by financing companies involved in fossil-fuel extraction and deforestation. If the U.S. is to be a global leader on climate issues, it must take action to cut off the money pipeline to polluters, the groups said.

“We must recognize that Wall Street isn’t yet an ally,” they wrote. “As long as U.S. firms continue to pour more money into the drivers of climate change, they are actively undermining President Biden’s climate goals.’’

A State Department spokesperson said the U.S. government doesn’t have sufficient resources to address the crisis by itself and will require the public and private sector to help finance its climate agenda.

“Resources”? How about authority. When I started saying this whole ‘climate change’ thing was about politics, not science, 16+ years ago people said I was off-base. This simply smacks of authoritarianism, forcing others to Comply with the whims of the cult. It’s no wonder they love China so much. They love this power.

Meanwhile

Oil companies defeat New York City appeal over global warming

A federal appeals court on Thursday rejected New York City’s effort to hold five major oil companies liable to help pay the costs of addressing harm caused by global warming.

Ruling in favor of BP Plc, Chevron Corp, ConocoPhillips, Exxon Mobil Corp and Royal Dutch Shell Plc, the 2nd U.S. Circuit Court of Appeals in Manhattan said the regulation of greenhouse gas emissions should be addressed under federal law and international treaties.

It rejected the city’s efforts to sue under state nuisance law for damages caused by the companies’ “admittedly legal” production and sale of fossil fuels, and said the city’s federal common law claims were displaced by the federal Clean Air Act.

“Global warming presents a uniquely international problem of national concern,” Circuit Judge Richard Sullivan wrote for a three-judge panel. “It is therefore not well-suited to the application of state law.”

First off, screw international concerns and such. We go by American law and the Constitution. Second, if NYC is so upset, they could stop using fossil fuels for city operations, right? Perhaps their mayor could stop taking fossil fueled flights.

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6 Responses to “Climate Cult Groups Want Kerry To Stop Wall Street From Investing In Fossil Fuels”

  1. Kye says:

    My lovely wife and a couple of her friends went to Koreatown on Monday and got their Demofascist Flu Shot. Seems the Koreans know how to work the system so they get “preferential” treatment for govmn’t programs. I did not accompany her because I was emailed by my primary care physician that I would be getting a call. I did not. So, I called Wednesday and was told that I should be on line today. Called this morning and now they cannot tell me when I can get the shot.

    Why you may query? It seems that they are listing people in my area based on “equity” not exposure or any other reason. Now, I’m 70, have COPD and emphysema yet I am not at the top of my area list. I assume (because I was not directly told but it was inferred) I need to wait until enough area minorities have been given shots (of all ages and health) before I will be scheduled. Now I see first hand the concept of “equity”.

    As it turns out I’m not super excited about getting a shot to begin with. I do get an annual flu shot but this pig-in-a-poke seems more political than medical and more a form of control than science. So, as it stands I don’t care when I will be offered the shot and not even if I’ll accept it when offered. My wife tried to get me to go to Koreatown and get one (which BTW, I could do) but I declined.

    It’s almost a relief not to have to decide.

  2. Hairy says:

    Teach would YOU invest in fossil fuels ?
    Over the last 5 years the price of Exxon stock has fallen from $100 to about $60

    • Kye says:

      Exxon Mobile is a dividend stock. They are usually used for retirement funds. As you can see Exxon Mobile currently pays about 6% dividend. How many investments do you have Hairy that currently give you a 6% return. I’d venture ZERO! Bear in mind also the many 2-4-1 splits Exxon has had over the years. If your 4100 share splits it’s now 2 shares at $50 each. Do you do any investing Hairy? You shouldn’t if you can’t understand the market.

      ExxonMobil dividends per common share
      2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
      1st Quarter $0.87 $0.87 $0.82 $0.77 $0.75 $0.73 $0.69 $0.63 $0.57 $0.47 $0.44 $0.42 $0.40 $0.35
      2nd Quarter — $0.87 $0.87 $0.82 $0.77 $0.75 $0.73 $0.69 $0.63 $0.57 $0.47 $0.44 $0.42 $0.40
      3rd Quarter — $0.87 $0.87 $0.82 $0.77 $0.75 $0.73 $0.69 $0.63 $0.57 $0.47 $0.44 $0.42 $0.40
      4th Quarter — $0.87 $0.87 $0.82 $0.77 $0.75 $0.73 $0.69 $0.63 $0.57 $0.47 $0.44 $0.42 $0.40
      Total $0.87 $3.48 $3.43 $3.23 $3.06 $2.98 $2.88 $2.70 $2.46 $2.18 $1.85 $1.74 $1.66 $1.55
      ExxonMobil’s dividend payments to shareholders have grown at an average annual rate of 6.1% over the last 38 years.

      *Prior period amounts restated to reflect two-for-one stock split effective June 20, 2001.

    • david7134 says:

      John,
      I am glad you comment, it reminds me how stupid and ignorant liberals are. I own XON. The reason for the price drop has to do with being caught with excessive leverage when Trump dropped the price of oil. You might desire to look up who produces many of the so called green energy projects that cause you to get sexual. Namely, XON.

  3. Hairy says:

    Anytime Dana posts you knowcitvhas to be fact checked
    Dana that syphillis study did not end until 1972
    Your sense of history is warped by your emotions

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