The reality behind JP Morgan’s ‘net zero’. While promoting “Paris-aligned” green investing, JP Morgan’s “green” funds have funneled over $4 billion to the fossil-fuel majors, betraying the firm’s promises and undermining efforts to achieve net zero.

https://www.desmog.com/2025/07/14/the-reality-behind-jp-morgans-net-zero-billions-flow-to-big-oil/

by The_Weekend_Baker

1 comment

  1. Weak commitments plastered around the edges are not going to cut it. Financial institutions and corporates alike must make GHG reduction their #1 priority, with CEO pay depending on achieving real reductions. The constant pablum of “creating shareholder value” discounts the enormous costs of externalizing climate harm. We need a proper carbon tax to address the fact that the cost per tonne of additional GHG is a staggering USD $1367 and rising. See [https://www.nber.org/papers/w32450](https://www.nber.org/papers/w32450) and [https://www.nber.org/papers/w33110](https://www.nber.org/papers/w33110)

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