Published 6 April 2023 at 07.48
Foreign. Jamie Dimon, American left-wing billionaire and head of banking giant JP Morgan, is now calling on governments to start seizing private property to build solar and wind farms.
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TwittraShare< p>Jamie Dimon, who is a well-known donor to the Democratic Party in the United States, makes the recommendation in his annual letter to shareholders.
The Wall Street oligarch notes that governments must now take drastic measures to reach the so-called climate goals.
Among other things, it may be necessary for the state to forcibly take over private property, so-called expropriation, according to Jamie Dimon.
“We may have to use expropriation – we are simply not getting enough investment fast enough for grid, solar, wind and pipeline initiatives,” writes the 67-year-old oligarch according to The Telegraph.
The top banker's controversial outing comes as the The US state of Iowa on Monday passed a bill aimed at protecting private property owners from expropriation to coal pipeline companies.