The CEO of JP Morgan, Jamie Dimon, said that banks refusing to fund new oil and gas projects would be “the road to hell for America”. An unnamed senior executive at a U.S. bank is considering removing the organization from global green commitments due to legal risk. Dimon highlighted the fact that the current energy crisis has led to rising emissions due to increased coal use as oil and gas was not available. Cutting off investments in fossil fuels would be the road to hell for the United States. This is what JP Morgan’s chief executive Jamie Dimon said during a congressional hearing on a range of topics. “Please answer with a simple yes or no, does your bank have a policy against funding new oil and gas products, Mr. Dimon?” Rep. Rashida Tlaib asked JP Morgan’s chief executive, after laying out net-zero plans that require a shift away […]