The last time I checked on Biden’s climate czar John Kerry, he looked dejected when an interviewer listed some of the falling green energy dominoes during the recent United Nations climate summit in Dubai.
Now, as Kerry heads to the World Economic Forum conference in Davos, Switzerland, the climate czar is turning in his crown.
Mr. Kerry, 80, has served as the president’s top diplomat on climate change since early 2021, working to cajole governments around the world to aggressively cut their planet-warming greenhouse gas emissions.He led the U.S. negotiating team through three United Nations climate summits, reasserting American leadership after the country withdrew from the Paris climate agreement during the Trump administration. Mr. Kerry championed cooperation on global warming between the United States and China, the world’s two largest polluters, during times of tension.On Wednesday, Mr. Kerry met with Mr. Biden in the White House to inform the president of his intention to resign, according to one person familiar with the meeting. On Saturday, his staff learned of his decision at a hastily arranged meeting, said the person, who asked to remain anonymous in order to discuss personnel matters.
The reason for the move appears to be that Kerry wishes to advise Biden during the 2024 presidential campaign.
Kerry is expected to become involved in Biden’s reelection effort, though he is unlikely to have a formal role on the campaign, one person familiar said. He is expected to focus on publicizing the president’s work to combat climate change.The exact date of Kerry’s departure has not yet been set, although it will probably be between late February and late April, the people said. Kerry is still scheduled to attend the Munich Security Conference in mid-February, and he is traveling to the World Economic Forum in Davos, Switzerland, next week.
However, I speculate that Kerry may be abandoning a sinking ship. And, I am not talking about the Biden administration.
I suspect that the Green Energy empire is poised to collapse.
Kerry is currently heading to Switzerland to press for decarbonization using scare-mongering tactics devoid of real science.
I have been following the connections between green energy barons and the politicians who have been foisting inefficient renewable energy schemes on their citizens. Continuing this analogy, John Kerry is a green energy princeling who says he founded the First Movers Coalition.
From the First Movers Coalition website, this is its mission:
By 2050, 50 percent of emissions reductions needed to achieve net zero are expected to come from technologies not yet available at scale. Building early market demand for such technologies by 2030 will be critical to catalyze their commercial adoption.The First Movers Coalition advances the most critical, emerging climate technologies by leveraging members’ collective purchasing power. By translating member commitments into the world’s largest, credible demand signal, the FMC accelerates the adoption of emerging climate technologies to decarbonize the world’s heavy-emitting sectors.
Through political pressure and monetary manipulation, FMC hopes to impose green energy dictates that should leave all those connected to these firms richer.
Collectively, the members represent “market value” of close to $8 trillion, including close to a dozen that have already starting delivering against their buying promises — AB InBev, Amazon, Apple, Ball Corp., Cemex, Holcim, Novelis, Rio Tinto, Scania and Volvo.The overarching mission of First Movers Coalition is to provide early demand signals through advance market commitments to climate tech firms, giving investors in those technologies more certainty that they will be able to scale commercially.
However, as I noted in my reports covering the Dubai conference, fossil fuel firms and technological realities are beginning to undermine the narratives that the FMC has been relying on to support its business model. As 2024 continues, I expect more green energy dominoes will fall.
This is the failure that Kerry may be really fleeing.
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