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(Don’t you love rich a$$holes who volunteer others’ property for their fantasies! Why not seize the feds’ land. They’re the largest property owners in the US. – DD)
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(The Daily Wire) JP Morgan Chase CEO Jamie Dimon called for lawmakers to take drastic action in favor of a renewable energy transition, including the seizure of private property to make more land available for solar and wind farms.
Dimon, regarded as one of the most powerful investment bankers on Wall Street, wrote in his annual shareholder letter that “bolstering growth” in the global economy “must go hand in hand with both securing an energy future and meeting science-based climate targets.” He mentioned eminent domain, the power of a government to seize private land for public use, as one possible mechanism to accelerate the development of green energy sources.
“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,” he said. “We simply are not getting the adequate investments fast enough for grid, solar, wind and pipeline initiatives.”
