In a letter to shareholders, Dimon wrote that 'permitting reforms are desperately needed to allow investment to be done in any kind of timely way. We may even need to evoke [sic] eminent domain'

In his letter, which touted the successes of the financial services company in 2022 as well as providing shareholders a vision for its future, Dimon made the case that it might be time to justify eminent domain in America to ease the climate crisis. According to the CEO, such drastic measures may be employed because time is short.

"The window for action to avert the costliest impacts of global climate change is closing," he said, along with mentioning his concern that the "ongoing war in Ukraine is roiling trade relations across Europe and Asia and redefining the way countries and companies plan for energy security."

"The need to provide energy affordably and reliably for today, as well as make the necessary investments to decarbonize for tomorrow, underscores the inextricable links

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