Senator Kerry’s Secretary of State hearing before the Senate Foreign Relations Committee will take place on Thursday, January 24. Kerry should receive some tough questions regarding his green energy investments and his ability to profit, as Secretary of State, from his support of a climate change agenda.
The STOCK Act
New York Senator Kirsten Gillibrand introduced the STOCK Act. Kerry and many fellow Senate Members were co-sponsors of the bill. The Stop Trading on Congressional Knowledge Act—known as the STOCK Act—prohibits members and employees of Congress from using “any nonpublic information derived from the individual's position… or gained from performance of the individual's duties, for personal benefit.” The bill also applies to all employees in the Executive and Judicial branches of the federal government.
The STOCK Act passed quickly and with wide bipartisan support.
Kerry has been an ardent believer in Climate Change as a man-made crisis. In August of 2009, he penned an op-ed that compared the threat of climate change to the 9-11 attacks. In it Kerry wrote: “Make no mistake: catastrophic climate change represents a threat to human security, global stability, and—yes—even to American national security. … Unfortunately, not everyone in Washington appreciates the stakes. It's tragic that we live at a time when if one were to dismiss the threat of terrorism, you'd be sent home in the next election. But there are no similar political consequences if you dismiss the science or the threat of climate change.”
On September 30, 2009, Kerry and Senator Barbara Boxer introduced the Senate version of a cap-and-trade bill: the 821-page Clean Energy Jobs and American Power Act—also known as the Kerry-Boxer Bill. At the time, he said, about the bill aimed at curbing greenhouse gas emissions and therefore slowing global warming: “Ultimately, this bill is about keeping Americans safe.”
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