JPMorgan Chase CEO Jamie Dimon suggested lawmakers seize private property to build solar and wind farms.
“Permitting reforms are desperately needed to allow investment to be done in any kind of timely way. We may even need to evoke eminent domain,” Dimon wrote in his annual shareholder letter.
“We simply are not getting the adequate investments fast enough for grid, solar, wind and pipeline initiatives,” he continued.
“Bolstering growth must go hand in hand with both securing an energy future and meeting science-based climate targets for future generations,” Dimon added.
Reporting from The Daily Wire:
Critics have nevertheless noted that JPMorgan Chase is involved with entities such as the Net-Zero Banking Alliance, an initiative of the United Nations which seeks to unify bank portfolios toward the goal of eliminating carbon emissions by 2050. Several Republican attorneys general contended last year that such objectives place the economic wellbeing of their constituents at risk due to higher energy costs as member companies “starve companies engaged in fossil fuel-related activities of credit on national and international markets.”
