Tuesday, September 23, 2014

Rockefellers, Heirs to an Oil Fortune, Will Divest Charity of Fossil Fuels - NYTimes.com

Rockefellers, Heirs to an Oil Fortune, Will Divest Charity of Fossil Fuels - NYTimes.com: "John D. Rockefeller built a vast fortune on oil. Now his heirs are abandoning fossil fuels.

The family whose legendary wealth flowed from Standard Oil is planning to announce on Monday that its $860 million philanthropic organization, the Rockefeller Brothers Fund, is joining the divestment movement that began a couple years ago on college campuses.

The announcement, timed to precede Tuesday’s opening of the United Nations climate change summit meeting in New York City, is part of a broader and accelerating initiative."



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