JP Morgan CEO Jamie Dimon thinks the Feds and NGOs should make Eminent Domain claims to seize private property … to save the planet. Dimon is worth close to two billion, and wouldn’t this be a good time to lead by example?
“[C]limate conscious corporations may have to seize citizen’s private property to enact climate initiatives while there still time to stave off climate disasters.
Dimon declared Tuesday that “governments, businesses and non-governmental organizations” may need to invoke “eminent domain” in order to get the “adequate investments fast enough for grid, solar, wind and pipeline initiatives.”
Ignoring that there is not enough real estate to build enough ‘infrastructure’ or enough raw material to pretend we’ve achieved Progressive’s alleged CO2 reduction goals (or any evidence they are needed), there is something that can be done if lowering emission quickly is the goal. You should go first. The science tells us that you rich guys and gals are the only demographic that hasn’t been doing your part. While everyone else in America (demographically) has lowered their emissions, the Davos crowds have risen as much as 50%.
“The Climate Cult should consider you -normal Jane and Joe – a good citizen. Over the past two-plus decades, you’ve reduced your “emissions” by 16%. … But that blessed one percent, a few of whom are the loudest voices preaching “emissions” mythology, [have] emitted 23% more over that period, while the top 0.1% increased their emissions by 50%…”
A proper missionary arrives in sackcloth and bare feet, not burdened by the embarrassment of excess emissions.
He then mentioned that “governments, businesses and non-governmental organizations need to align” on policies to expedite climate solutions. Dimon added, “Massive global investment in clean energy technologies must be done and must continue to grow year-over-year.”
He floated eminent domain as one of these policies that could speed up building green infrastructure.
“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 stated.
This tells me that Jamie is looking to make a killing on the backs of third-world slaves mining rare earth metals, but emissions offshoring pollutes their local environment for generations and the planet.
I’m not a class warfare guy, but if you think we need to give up the property we worked hard to own and hold so you can jet-set to climate conferences, a class war is what you’ll get. And I know you want a war. But those emit a lot of carbon. It would be easier if you gave up your property first. The jet, the yacht, a few homes, all the cars.
We can use eminent Domain, just like you suggested.
And if there is any indication that this has moved the needle on climate, thanks for sacrificing so we can keep our stuff.