Tuesday, May 18, 2021

A conflicted spokesperson

Stuart Smith is National's climate change spokesperson. As such he spends his time trying to discourage and undermine government action on climate change.

Stuart Smith also appears to be quite rich. And according to the Register of Pecuiary Interests released today (p45-46), he has a large investment portfolio, including shares in Contact Energy, Genesis Energy, Vector, Freightways, Mainfreight, and US energy conglomerate Berkshire Hathaway (which was in the news this month for rejecting even reporting on their emissions). In other words, in gas, coal, trucking, and oil - all industries which need to radically shrink or change if we are to meet our climate change goals. Which seems like a fairly direct conflict of interest to me.