- May 23, 2023
- Posted by: AliensFaith
- Category: OBJECTIVE PRESS
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JP Morgan is betting big on carbon removal and is buying credits from direct air capture developers to offset its environmental footprint, officials at the largest U.S. bank have told The Wall Street Journal. JP Morgan has committed to invest over $200 million in buying credits for carbon removal and is also helping carbon capture businesses to take off. “We’re jumping in the pool all in,” JP Morgan’s head of operational sustainability, Brian DiMarino, told the Journal an interview. “This is us putting our weight…