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Rockefellers to divest fossil fuels

2014-09-23 03:21:57| BBC News | Business | UK Edition

The Rockefeller family, which made its fortune from oil, is to sell its investments in fossil fuels and put money into clean energy.

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Rockefellers pledge $50bn divestment from fossil fuels

2014-09-22 14:58:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The Rockefellers, who made their vast fortune on oil, and other philantrophic organsiations and high-wealth individuals on Monday will announce pledges to divest a total of $50bn from fossil fuel investments. The Global Divest-Invest coalition will announce new pledges and members one day before 120 heads of state address the United Nations on how their countries will contribute to a global effort to halt a dangerous rise in temperatures. Since the divestment movement launched three years ago,...

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Philanthropies including Rockefellers pledge $50 billion fossil fuel divestment

2014-09-22 13:42:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The Rockefellers, who made their vast fortune on oil, and other philanthropies and high-wealth individuals on Monday will announce pledges to divest a total of $50 billion from fossil fuel investments. The Global Divest-Invest coalition will announce new pledges and members one day before 120 heads of state address the United Nations on how their countries will contribute to a global effort to halt a dangerous rise in temperatures. Since the divestment movement launched three years ago, some...

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Rockefellers call for change

2014-09-22 09:18:35| Oil & Gas - Topix.net

For 140 years, the Rockefellers were the oil industry's first family, scions of a business empire that spawned companies called Exxon, Mobil, Amoco and Chevron. So it was no trivial matter when a group of Rockefeller heirs decided recently to begin severing financial ties to fossil fuels.

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Rockefellers, Heirs to an Oil Fortune, Will Divest Charity From Fossil Fuels

2014-09-22 05:41:21| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: 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 Tuesdays opening of the United Nations climate change summit meeting in New York City, is part of a broader and...

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