JPMorgan Invests Over $200 Million in Attempt to Clean Up the Planet
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By 2050, experts say the world will have to remove the equivalent of 10 gigatons -- or roughly 22 trillion pounds -- of carbon dioxide from the atmosphere each year if we want to stave off the devastating effects of climate change. Jamie Dimon thinks he can help... a little.
JPMorgan announced Tuesday that it will pump more than $200 million into carbon removal technologies. But does it amount to a substantial investment in the fight against climate change, or is it just another feel-good ESG venture to make a big company look like it cares?
Source Fool.com
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