I don't pretend to be. I'm not even claiming to know more about climate than Dimon. But I know he's not a climate expert - that's not how he became a billionaire. He's an expert at making financial institutions profitable - as long as the Fed is keeping money on the cheap. And now that it's not, banks are confronted with a challenge: lots of loans that were sold and packaged on the cheap that are suddenly a lot more expensive now or at minimum, harder to payback in an environment of rising costs.
The part I'm seriously beginning to wonder about, not only with Dimon but with other CEO/CFO of financial institutions is, what are they not telling us now? What do they know about the state of their financial affairs that we may find out in another 6-18 months? Biden has bent his old ass over backwards and then some to accommodate oil production, pissing off many of the greenies in his own party no less. He also released millions and millions of barrels from the SPR. So Dimon's barking about energy seems misplaced, like he's looking for a fall guy for if/when the shit on Wall St blows up.