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JPMorgan World Bank veteran leaves, saying CO2 ‘died’

Posted on 24 November 2011

Odin Knudsen, the JPMorgan Chase & Co. (JPM) managing director for environmental markets, resigned last month as the largest U.S. lender scaled back its climate-related practice.
Knudsen, 68, left the New York-based lender by mutual agreement after it became apparent the U.S. was not going to join a global system to trade carbon emissions, undermining the bank’s business plans, he said in a Nov. 21 phone interview. JPMorgan spokesman Brian Marchiony declined to comment………………………………………..Full Article: Source


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