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Rockefeller Family Fund Blasts ExxonMobil, Pledges Divestment From Fossil Fuels

From oilprice.com

The heirs of John D. Rockefeller attacked ExxonMobil this week, a company that is also a descendant of the famed oil baron. The Rockefeller Family Fund has announced that it will divest its assets from fossil fuels. In a statement posted on its website, the fund said that, due to the need to eliminate fossil fuels that contribute to climate change, it “makes little sense – financially or ethically – to continue holding investments in these companies. There is no sane rationale for companies to continue to explore for new sources of hydrocarbons.” The Rockefeller Family Fund is a philanthropy set up by the ... (full story)

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