AlaskaGuy
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Biden called out over warning to Big Oil as energy secretary exercises electric car stock options
President Joe Biden and Energy Secretary Jennifer Granholm, a former Michigan governor, are under fire for attacks on fossil fuels amid inflation.
Energy Secretary Jennifer Granholm reportedly exercised $1.6 million in stock options with an electric vehicle technology firm as she and President Biden urge action on climate change while Americans face $5 per gallon on unleaded 87 octane.
Granholm reportedly sold her holdings in Burlingame, Calif.-based Proterra in 2021, but the UK Daily Mail reported she recently exercised $1.6 million in stock options from the company. The divestment reportedly came in the wake of Republican concerns from last year.
