{"id":11811,"date":"2023-04-07T17:53:14","date_gmt":"2023-04-07T17:53:14","guid":{"rendered":"https:\/\/sasquatchnewsonline.com\/?p=11811"},"modified":"2023-04-07T17:53:14","modified_gmt":"2023-04-07T17:53:14","slug":"jp-morgans-jamie-dimon-we-may-need-to-evoke-eminent-domain-to-seize-private-property-to-build-wind-and-solar-farms","status":"publish","type":"post","link":"https:\/\/sasquatchnewsonline.com\/?p=11811","title":{"rendered":"JP Morgan\u2019s Jamie Dimon: \u201cWe May Need to Evoke Eminent Domain\u201d to Seize Private Property to Build Wind and Solar Farms"},"content":{"rendered":"

\u00a0<\/p>\n

JP Morgan CEO Jamie Dimon<\/p>\n

\u00a0<\/p>\n

JP Morgan CEO Jamie Dimon suggests, in his annual letter to shareholders,<\/a> that governments may need to seize private property to build wind and solar farms.<\/p>\n

The letter reads:<\/p>\n

The window for action to avert the costliest impacts of global climate change is closing. At the same time, the ongoing war in Ukraine is roiling trade relations across Europe and Asia and redefining the way countries and companies plan for energy security. 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.<\/p>\n

To expedite progress, governments, businesses and non-governmental organizations need to align across a series of practical policy changes that comprehensively address fundamental issues that are holding us back. Massive global investment in clean energy technologies must be done and must continue to grow year-over-year.<\/p>\n

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 eminent domain \u2013 we simply are not getting the adequate investments fast enough for grid, solar, wind and pipeline initiatives.<\/strong> Policies like the Bipartisan Infrastructure Law, the Creating Helpful Incentives to Produce Semiconductors (CHIPS) and Science Act, and the Inflation Reduction Act (IRA) \u2014 that hold the potential to unlock over $1 trillion in clean technology development \u2014 need to be implemented effectively. The upside is undeniable: Widespread investing across the private sector will aid domestic manufacturing, invigorate research and development in green innovation, help create resilient supply chains, lift up local economies and build the U.S. clean energy workforce by up to 9 million jobs over the next decade. While major advances have been made in the last few years on technology to help this cause, we are hopeful that the great American innovation machine (most advancements will ultimately come from the huge capabilities and capital of America\u2019s largest companies) will find the additional technologies that are desperately needed. There is a downside \u2013 massive, inefficient and malinvestment of capital. I talk more about this in the last section on public policy.<\/p>\n

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. Bolstering growth must go hand in hand with both securing an energy future and meeting science-based climate targets for future generations.<\/p>\n

In January, The Gateway Pundit reported<\/a> that the US Virgin Islands Attorney General, Denise George, \u00a0who filed a lawsuit against JP Morgan over the Jeffrey Epstein sex trafficking scandal, was fired.<\/p>\n

The lawsuit<\/a> alleges the bank profited from Epstein\u2019s sex trafficking scheme.\u00a0It also accused JP Morgan of \u201cturning a blind eye\u201d to suspicious activity that occurred from Epstein\u2019s account.<\/p>\n

The post JP Morgan\u2019s Jamie Dimon: \u201cWe May Need to Evoke Eminent Domain\u201d to Seize Private Property to Build Wind and Solar Farms<\/a> appeared first on The Gateway Pundit<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

\u00a0 JP Morgan CEO Jamie Dimon \u00a0 JP Morgan CEO Jamie Dimon suggests, in his annual letter to<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-11811","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\nJP Morgan\u2019s Jamie Dimon: \u201cWe May Need to Evoke Eminent Domain\u201d to Seize Private Property to Build Wind and Solar Farms - Sasquatch News Online<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sasquatchnewsonline.com\/?p=11811\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JP Morgan\u2019s Jamie Dimon: \u201cWe May Need to Evoke Eminent Domain\u201d to Seize Private Property to Build Wind and Solar Farms - 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