The stunning hypocrisy of JP Morgan and CEO Jamie Dimon on climate change
JPMorgan Chase and its chief executive Jamie Dimon claim to be strong supporters of climate action and the Paris climate accord. But in reality, they are “the world’s worst banker of climate change” according to a major new analysis.
Just this week, the company launched a wildly misleading attack on the Green New Deal, asserting that its goals of rapidly decarbonizing the U.S. economy “are not in the realm of the possible.”
According to a report by the Sierra Club and other leading environmental groups, however, JPMorgan Chase has provided a staggering $196 billion dollars in financing for fossil fuels and fossil fuel expansion since the December 2015 Paris Agreement, in which 200 nations unanimously agreed to leave most fossil fuels in the ground ...


Kim