"Dimon Criticizes Proposal to Halt All Oil and Gas as 'Enormously Naïve'"

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Source: Bloomberg
"Dimon Criticizes Proposal to Halt All Oil and Gas as 'Enormously Naïve'"
Photo: Bloomberg
TL;DR Summary

Jamie Dimon, head of JPMorgan Chase, criticized US delays of liquefied natural gas projects, calling it "enormously naïve" to stop all oil and gas projects for political reasons. He emphasized the importance of replacing coal with natural gas to reduce carbon dioxide emissions and described LNG exports as a "great economic boon" for the US.

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