A Sign Of The Times? An Oil Baron's Heirs Vow To Divest From Fossil Fuels
The Rockefeller Brothers Fund is the latest to join the growing fossil fuel divestment movement.
Over the last few years, churches, college endowments, pension funds, city governments, and others have pledged to sell a total of $50 billion in investments in coal, oil, and gas companies. Now the growing fossil fuel divestment movement has won its most symbolic victory yet: The heirs to John D. Rockefeller's Standard Oil fortune committed to selling all of the fossil fuels holdings made by their $860 million charitable foundation.
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