The Conservative Cave

Current Events => General Discussion => Topic started by: Ralph Wiggum on September 23, 2022, 12:25:11 PM

Title: JPMorgan CEO Jamie Dimon says disinvestment in fossil fuel is "the road to hell"
Post by: Ralph Wiggum on September 23, 2022, 12:25:11 PM
JPMorgan Chase CEO Jamie Dimon resoundingly assured lawmakers that his bank has no intention of stopping the financing of growth in the oil patch.

Dimon, who appeared with other top banking executives on Capitol Hill Wednesday, was asked by Rep. Rashida Tlaib, the Democrat of Michigan, to give a ‘yes’ or ‘no’ response to a handful of questions. That included whether JPMorgan JPM, -3.16% has a policy against funding new oil and gas products.

“Absolutely not and that would be the road to hell for America,” said Dimon, whose bank is the largest U.S. provider of loans and other capital to the energy sector.

Link (https://www.marketwatch.com/story/jamie-dimon-says-stopping-oil-and-gas-funding-would-be-road-to-hell-for-america-11663851347)
Title: Re: JPMorgan CEO Jamie Dimon says disinvestment in fossil fuel is "the road to hell"
Post by: Eupher on September 23, 2022, 10:03:57 PM
SharterJoe ain't listening, unfortunately. Actually, it ain't Joe who ain't listening. It's Barry Soetoro who's deaf.  :whatever:
Title: Re: JPMorgan CEO Jamie Dimon says disinvestment in fossil fuel is "the road to hell"
Post by: 3rd-try on September 27, 2022, 12:34:12 AM
A business high-up says what is simply common sense. And the woke brigade can't catch their breath. Yes, dear Rashida, there will be fossil fuel after you've died of old age. Your climate bullshit will eventually be seen for what it is. Simply asking that question is concerning. Shouldn't a person in a position of influence have some idea of what they're talking about?