- JPMorgan Chase CEO Jamie Dimon recently suggested in his annual letter to shareholders that the federal government and large corporations may have to seize private property from U.S. citizens to advance climate initiatives, which he claimed are not being implemented fast enough to avoid potential climate-related crises.
Eminent domain is the ability of the government to take private property and convert it for public use following just compensation to the property's owner...
He expressed concern about having limited time to tackle the climate crisis and noted that not enough resources are being invested in green initiatives...

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