JPMorgan Signals It Will Stop Funding Certain O&G Projects
Supposedly JPMorgan Chase remains the world’s #1 largest funder of fossil fuels since the so-called Paris Agreement was adopted by 196 of the world's countries in December 2015. The Paris Agreement calls on governments to use force to ensure the global average temperature (that nobody seems to be able to pinpoint accurately) doesn't rise more than 1.5 degrees Celsius by 2050. It's a sham agreement aimed at getting average citizens to give up their freedom in the name of saving the planet. Total B.S. But...back to JPMorgan Chase, which has just published a report called "The Methane Emissions Opportunity" (full copy below). In the report, JPMorgan says any company they finance in the future must adhere to Scope 1 and 2 emissions to be so-called net zero. Or they won't invest in or finance you.
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