Buck [FTC Oversight hearing]: On June 18th, 2021, just five days before the markup hearing of the Big Tech bills in this committee, Paul Pelosi, Nancy Pelosi's tech investor husband, bought four thousand shares of Alphabet via a call option, in which he promised stocks at a later date at a price of twelve hundred dollars a share. A month later, this is after we've passed the bills, Nancy Pelosi, the speaker, sent Steny Hoyer, the majority leader, to the press to tell the press that these bills were not ready for the floor. A month later, the stock price rose to over twenty-five hundred dollars, making Paul Pelosi 5.2 million dollars richer, without spending a penny…she [Nancy Pelosi] refused to bring to a vote on the House Floor, those bills.
John Kerry [House hearing]: Everything predicted ['climate crisis'] is happening, only it's happening faster and bigger than it was predicted.
Waltz: When we are asking Americans to make serious sacrifices as we transition for the common good, and your family, and or yourself, are flying around on private jets, that smacks of hypocrisy; it actually hurts your cause.
Kerry: I do not fly on a private jet…I fly commercially. I have flown five times in the last two and a half years on Milair…otherwise all of my trips are commercial airlines.
Waltz: Have you flown on a private jet in a personal or official capacity since you've taken this position?
Kerry: Possibly once, I think.
Waltz: Would you find it appropriate if a former Trump administration official traveled around and talked to the same officials you are and said, 'You don't have to abide by these agreements. Hold fast until 2024, a new administration may be coming in', and therefore, undermining current administration diplomacy. Would you find that appropriate?
Kerry: I'm not going to speak to any hypotheticals, but I can tel you I never engaged…
Waltz: Shadow diplomacy undermines American goals.
Kerry: Shadow diplomacy, depending on what it involves, shadow diplomacy has also saved us from a war. If you look at 1963 with the Cuban Missile Crisis, it was behind the scenes, backchannels…
Waltz: I would posture that your shadow diplomacy now has us on the verge of Iran having a nuclear weapon, that is now exploding, as they race towards full enrichment.
Kerry: The reason that happened is Donald Trump pulled out of that agreement.
Kerry: The UN finance analysis suggests it will cost trillions of dollars, maybe two and a half to four and a half trillion a year, between now and 2050, to actually affect the full transition to a clean energy economy. But that's not spending. Most of that is calculating private sector funding that will invest in these new technologies and in these new economic opportunities…we have to build out a grid, competent grid, with smart grid, so we can balance the distribution of energy in certain places.
[selective distribution of energy?]
Pfluger: Do the renewable sources of energy like wind and solar, do they have the ability to provide to provide baseload capacity in this country?
Kerry: Backup baseload, no, but some primary, they could be part of it. But can they on their own, guarantee that when the wind isn't blowing and the sun ain't shining, no. That we all know…but we could with battery. There's ways to make that work.
Pfluger: How much electricity does the United States use on an annual basis right now?
Kerry: I don't know exactly where we are right now.
Pfluger. It's four thousand terawatts. How much additional demand would we need if we got to, let's just say fifty percent EV mandate, two hundred eighty-seven million cars on the road?
Kerry: Probably double. I'm not sure.
It just ended; here is the full hearing.