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Thursday, December 12, 2024

JP Morgan Will ‘Punch Again’ on Texas’ Efforts to Restrict Its Enterprise

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new video loaded: JP Morgan Will ‘Punch Again’ on Texas’ Efforts to Restrict Its Enterprise

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JP Morgan Will ‘Punch Again’ on Texas’ Efforts to Restrict Its Enterprise

Jamie Dimon, the chief government of JP Morgan Chase, mentioned that there could be “penalties” for the state’s makes an attempt to limit enterprise with banks that embrace environmental, social and governance insurance policies.

00:00:00.000 —> 00:00:02.270 We financed extra oil and gasoline firms on the earth than 00:00:02.270 —> 00:00:04.103 nearly anyone else, which I’m pleased with. 00:00:04.103 —> 00:00:06.290 One of the best firms, the cleanest firms, 00:00:06.290 —> 00:00:07.760 they’re decreasing the oil and gasoline. 00:00:07.760 —> 00:00:08.760 They’re decreasing the methane. 00:00:08.760 —> 00:00:10.820 They would be the greatest a part of the transition, 00:00:10.820 —> 00:00:12.280 whether or not you assume that or not. 00:00:12.280 —> 00:00:14.558 You already know, and so we have a look at details and detailed evaluation. 00:00:14.558 —> 00:00:16.850 And sure, we’re additionally one of many greatest inexperienced financiers 00:00:16.850 —> 00:00:22.200 on the earth — photo voltaic, wind, all of the R&D going down. 00:00:22.200 —> 00:00:23.640 And so we simply do our jobs. 00:00:23.640 —> 00:00:25.967 And that’s, that — I don’t assume will occur. 00:00:25.967 —> 00:00:27.300 But when it does occur, so be it. 00:00:27.300 —> 00:00:29.020 We are able to’t do municipal bonds in Texas. 00:00:29.020 —> 00:00:32.030 There might be penalties to Texas as a result of we financial institution 00:00:32.030 —> 00:00:36.500 their cities, faculties, states, hospitals, firms — 00:00:36.500 —> 00:00:38.310 30,000 staff. 00:00:38.310 —> 00:00:40.840 And this time I’d punch again.

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