In news that caused concern this morning, JP Morgan CEO James Dimon proposed that governments could take privately owned land from the public to build wind and solar farms to reach the goal of… zero carbon emissions.
All of this is part of the Great Reset program as deprivation becomes the norm in the name of green growth, imposing the well-known motto: “Have nothing and be happy.”
In his annual letter to JP Morgan shareholders, James Dimon stressed that green energy projects must be accelerated as they open a window of opportunity and avoid the much more costly impacts of global climate change. The Telegraph.
James Dimon said licensing reforms are needed to allow for urgent investment. This includes the possibility of using what he called the “preferential sector” of privately owned land to accelerate solar, wind and pipeline initiatives.
The dominant sector is when a government or government agency acquires private property for public use by paying compensation to the owner of the assets. In the United States, this is provided for by the 5th amendment to the constitution, which requires fair compensation to be paid to the owner of the property taken. The government may use this right to acquire land for public purposes such as the construction of roads, schools, or other infrastructure, or for other purposes deemed to be in the public interest.
In this case, it can be applied to the production of “clean energy” to support global treaties and agreements on zero emissions. “Reforms are desperately needed to ensure timely investment. It may even require land confiscation. We are simply not investing enough quickly enough to develop grids, solar, wind and pipelines,” said JP Morgan’s CEO.
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