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."
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