US EditionJPMorgan is prioritising expensive “green” energy projects over reliable hydrocarbon energy projects – The Expose – altnews.org
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Energy Projects Around the World Are Increasingly Exceeding the Estimated Budget
More than 60 percent of energy infrastructure projects around the world cost more than originally planned and calculated - according to a new study by the Institute for Global Sustainability at Boston University.
·Belgrade, Serbia
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JPMorgan is prioritising expensive “green” energy projects over reliable hydrocarbon energy projects
JPMorgan is arguably the largest bank in the world. Last week, its Chairman Jamie Dimon dismissed concerns over the bank financing “green” energy projects by 29% more than cheaper, reliable hydrocarbon energy sources. While he might be able to sidestep shareholders' concerns, claiming he is looking to maximise the bank’s profits, Dimon can’t sidestep the
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