JPMorgan CEO Says Seize Private Property to Avoid Global Warming

We've often written about "permitting reform" needed to build new pipeline projects and finish existing projects like the stalled Mountain Valley Pipeline. Last year U.S. Senator Joe Manchin (Democrat, WV) tried and failed to get permitting reform passed (see Manchin’s “Save MVP” Permitting Reform Dies (Again) in Senate Vote). In February of this year, Republicans in the House said they would try their hand to get it done (see House Republicans Tackle “Permitting Reform” – Help Save MVP?). Long lead times for new projects not only block new pipelines, but also solar and wind projects. Jamie Dimon, CEO of JPMorgan Chase, shared his solution as part of a letter to shareholders. Dimon thinks the government and corporations should just seize private property using eminent domain to get these projects built now. Because, you know, global warming justifies it.

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