The Rockefeller Family Fund will divest from fossil fuels, prioritizing Exxon Mobil holdings.
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Thursday, March 24, 2016
Oil Baron’s Descendants Shame Exxon Mobil For ‘Morally Reprehensible Conduct’
http://www.huffingtonpost.com/entry/rockefeller-fund-exxon-mobil-fossil-fuels_us_56f41a0ee4b04c4c37618e69
The Rockefeller Family Fund will divest from fossil fuels, prioritizing Exxon Mobil holdings.
The fund’s statement rips Exxon Mobil for allegedly deceiving the public about climate change.
The decision by a nonprofit trust born of oil wealth carries symbolic weight.
A recent ruling by the SEC also requires company shareholders to vote on a climate change resolution.
The Rockefeller Family Fund will divest from fossil fuels, prioritizing Exxon Mobil holdings.
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