JPMorgan Chase CEO Jamie Dimon recently suggested in his annual letter to shareholders that the federal government and large corporations may have to seize private property from U.S. citizens to advance climate initiatives, which he claimed are not being implemented fast enough to avoid potential climate-related crises.
According to Dimon’s Tuesday letter, in order to acquire “adequate investments fast enough for grid, solar, wind and pipeline initiatives,” governments and businesses may need to implement “eminent domain.”
Eminent domain is the ability of the government to take private property and convert it for public use following just compensation to the property’s owner.
Dimon argues that private properties may need to be seized to permit green energy projects and grow the nation’s grid infrastructure. He expressed concern about having limited time to tackle the climate crisis and noted that not enough resources are being invested in green initiatives. Therefore, Dimon argued, it may be the right time to consider invoking eminent domain to avoid climate-related disasters.
“At the same time, permitting reforms are desperately needed to allow investment to be done in any kind of timely way. We may even need to evoke [sic] eminent domain,” Dimon claimed.
He noted that the “ongoing war in Ukraine is roiling trade relations across Europe and Asia and redefining the way countries and companies plan for energy security.”
Dimon called on “governments, businesses and non-governmental organizations” to align on their climate initiative efforts by making a “massive global investment in clean energy technologies,” which he added “must be done and must continue to grow year-over-year.”
“The window for action to avert the costliest impacts of global climate change is closing,” he stated. “The need to provide energy affordably and reliably for today, as well as make the necessary investments to decarbonize for tomorrow, underscores the inextricable links between economic growth, energy security and climate change. We need to do more, and we need to do so immediately.”
Dimon claimed that the climate crisis is “one of the most complex challenges of our time.”
“Polarization, paralysis and basic lack of analysis cannot keep us from addressing one of the most complex challenges of our time. Diverse stakeholders need to come together, seeking the best answers through engagement around our common interest,” he concluded.
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JPMorgan Chase CEO Jamie Dimon is another Communist who will soon need to be dealt with!
Keep poking the Badger idiots.
I agree he is sounding like a communist
The Government should immediately cease all Dimon’s property and his whole families property through eminent domain because its the best way for Dimon to understand what socialism/communism is.
And the idiot leftists used to say they didn’t have a dictatorial agenda. Now they are open about their desires to make every U.S. citizen a slave to government. That is why they want to eliminate, and we patriotic citizens must fight to keep, the second amendment; and exercise what little of the first amendment we still have left!
Theyy will start a war if they try this.
The elite think they can rule us not thinking we are doing just fine.
Time for the A$$Hat Dimon to put his assets where his mouth is! First he should give all your earning and assets to the Climate Change Scam! Live on the average national income to show your solidarity with the people! Man caused climate change is a scam by the globalists to set in place their “Old World Order” master elites rule, the rest of us are slaves. Climate Change is a natural process, learn for yourself study climate change before it was politicized. Learn from studies by scientists like Milutin Milankovic, Serbian Climate Scientist 1879-1958. Briefly, Sun Centered theory there are 3 cyclical movements;
1. Eccentricity 100K cycle. ( Kepler 1609)
2. Axial Tilt 41,000 year cycle from 22.1 to 24.5 degrees we are at 23.5 axial tilt now. (Pilgrim 1904)
3. Precession 23,000 year cycle(Hipparchus 130BC).
Each cycle is in on a different time scale and each affects the amount of solar energy received by the planets….etc. learn do not listen to these frauds like Dimon with an agenda to take your freedom.
They are making all of us into slaves; They don’t care if we die. They are creating an extinction level event, because the planet can’t sustain our population. ie legal drugs, multiple murders, killing of our children, Manipulating our money. I guess they think blaming everything on Trump will get them out of accountability for their actions.
Jamie Simon, CEO, you have left out the God factor, who have covered your thoughts before the world and you were ever created. He prepared this world for man to live and have all the necessary resources as long as man is on the earth. He asks that we obey him and all thing will be provided.
Start with your property.
This idiot is trying to take the focus off from himself with the Epstein issues taking place!