Government Should Seize Property to Build Wind and Solar Farms: JP Morgan Chief

JP Morgan Chase & Co. CEO claimed that governments may need to seize private property for the creation of more green and conventional energy production sites, according to a letter to shareholders published this week.
JP Morgan CEO and former head of the Federal Reserve Bank of New York Jamie Dimon wrote an extensive letter to shareholders of America’s largest bank, accompanying the bank’s annual report for 2022.
Dimon claimed there is a need for affordable energy immediately and a need for decarbonization for tomorrow, meaning moving away from fossil fuels, such as oil and gas. In the same paragraph, he mentioned the war in Ukraine and climate change….}