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Rockefeller oil dynasty to 'divest' from fossil fuels

2014-09-23 19:39:49| Oil & Gas - Topix.net

In a symbol of the times, America's biggest "oil family", the Rockefellers, has announced it will get rid of any investments or holdings in fossil fuels from its $860 million charitable fund, and target clean energy instead. The announcement is part of a $50 billion pledge by over 180 institutions to cut oil, natural gas, and coal from their portfolios and redirect investment into clean energy.

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