As The Guardian reported in partnership with the Center for Media and Democracy in July, Manchin himself founded a private coal brokerage in 1998 called “Enersystems.” Though currently run by his son, Manchin still owns as much as a $5 million stake in the company, raking in $500,000 of income from it in 2020 alone. As of late 2019, Manchin was by far the most invested of any senator in “dirty energy.”
Joe Manchin, who is holding up crucial climate change initiatives in Biden’s reconciliation bill, collects $500,000 a year from coal stocks dividends: report
Source: Business Insider | Published: 10/1/2021