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Tag: rockefeller
Going Green: Rockefeller Fund Set To Blow Away Fossil Fuels, Build African Wind Farms
2016-07-30 07:27:00| Climate Ark Climate Change & Global Warming Newsfeed
AFK Insider: A New York City-based family foundation whose descendants helped create the fossil fuel industry, has made its first direct investment in a renewable energy company with plans to build wind farms in Africa. The Rockefeller Brothers Fund of the wealthy Rockefeller dynasty, is backing an energy project in Africa spearheaded by Eddie O'Connor, CEO of Dublin-based Mainstream Renewable Power firm, The Independent reported. A private grant-making foundation, the Rockefeller Brothers Fund is part...
Rockefeller Family Fund Blasts Exxon Mobil, Pledges Divestment From Fossil Fuels
2016-03-25 12:05:44| Chemicals - Topix.net
The heirs of John D. Rockefeller attacked Exxon Mobil 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.
Tags: family
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Rockefeller Family Fund to Divest From ExxonMobil Says Oil Giant Is 'Morally Reprehensible'
2016-03-25 10:30:00| Climate Ark Climate Change & Global Warming Newsfeed
AlterNet: Its been a really rough few days for ExxonMobil, the worlds largest publicly traded oil and gas company. First, on Wednesday, the Rockefeller Family Fund announced it would divest from the oil giant, saying it would eliminate holdings" of Exxon Mobil Corporation (XOM.N) effective immediately, asserting that the company associated with the family fortune has misled the public about the risks of climate change. Because of the long-established threat posed to the planetary ecosystem by fossil...
Rockefeller Fund Divests From Fossil Fuels, Slams Exxon
2016-03-24 14:23:00| Climate Ark Climate Change & Global Warming Newsfeed
EcoWatch: The Rockefeller Family Fund will divest from fossil fuels and ditch its holdings of ExxonMobil, citing the oil giants morally reprehensible stance on climate change issues. John D. Rockefeller, the funds founding father, made his fortune on Exxons predecessor, Standard Oil, but spokespeople for Rockefeller stated, "There is no sane rationale for companies to continue to explore for new sources of hydrocarbons." Why a Rockefeller Donated $400,000 in Exxon Shares to Nonprofits Fighting Climate...
Tags: fund
fossil
fuels
rockefeller
Rockefeller Family Fund divests from fossil fuels, which built family's fortune
2016-03-24 07:08:00| Climate Ark Climate Change & Global Warming Newsfeed
Age: The Rockefeller Family Fund has said that it will divest from fossil fuels as quickly as possible and "eliminate holdings" of Exxon Mobil Corp, saying the oil company associated with the family fortune has misled the public about climate change risks. Though only a sliver of the endowment's modest $US130 million ($171 million) in assets is invested in fossil fuels, the move is notable because a century ago John D. Rockefeller snr made a fortune running Standard Oil, a precursor to Exxon Mobil....
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built
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