https://novaramedia.com/2025/08/18/why-climate-activists-are-slashing-jp-morgans-electricity-cables
‘Open organising is impossible.’
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By 6am, while the workers that clean and service the City are hopping off buses and as security staff are performing their night shift patrols, Shut the System activists have sliced the electricity cables that control the gas supply at JP Morgan’s London office and superglued the cabinet that houses them shut – making a quick repair impossible.
In short, an act of sabotage against the single largest fossil fuel funder in the world. Researchers say that over the last four years, JP Morgan has pumped an eye-watering $192 billion into the industry.
[A short video appears at the original article]
Simultaneously, another group cut the earthing cable in the electricity box outside the Allianz office in near Liverpool Street. Shut the System sent Allianz an email warning them of the risk of electrical damage they face without earthing. An Allianz spokesperson told Novara Media that despite activists’ efforts, the action did not cause any disruption at the site.
Despite Günther Thallinger, a top figure at the insurer, warning recently that climate change is on track to destroy capitalism, Allianz still insures $26 billion of fossil fuel projects, according to Investing in Climate Chaos’ reporting.
Shut the System argues that Allianz is also complicit in the Gaza genocide, as it is an insurer for Israeli weapons manufacturer Elbit Systems.
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Unlike Just Stop Oil – where the plan was often to get arrested, in a dramatic display of commitment to the cause – Shut the System activists don’t intend on ever getting caught.
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In these heady days, it’s not unreasonable to worry about Shut the System being proscribed, like Palestine Action recently was. It’s a way for the government to go after a group even if, like me, it has no idea who the members are.
Shut the System doesn’t seem too concerned. Not having targeted military bases, its activists think that’s a long way off for them. And it didn’t seem too fazed about public support for its actions either. Unlike many other groups, it isn’t actively looking for it.
Instead, it’s focused on its targets. And, it told me, those targets “should bear in mind that the longer they support genocide and climate collapse, the more people’s rage will build up against them.”
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