JPMorgan’s New Manhattan Headquarters to Be All Electric Powered

JPMorgan’s new Manhattan headquarters will use a hydroelectric power source, making it the tallest and largest New York building to go all electric

Money is a sticking point in climate-change negotiations around the world. As economists warn that limiting global warming to 1.5 degrees Celsius will cost many more trillions than anticipated, WSJ looks at how the funds could be spent, and who would pay. Illustration: Preston Jessee/WSJJPMorgan Chase & Co.’s new Manhattan headquarters will rely on a hydroelectric power source, making the 1,388-foot skyscraper the tallest and largest New York building to go all electric.

The office tower will operate with net-zero emissions, the company said Thursday. JPMorgan, which is the largest U.S. bank, plans to consolidate a number of its New York offices after the Norman Foster-designed building on Park Avenue is completed around 2025.

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