Rockefeller Fund divorces itself from fossil fuels

[sinkingfeeling]

Source: CNN.com

The Rockefeller family, which built its wealth on oil, is divesting its philanthropic fund of fossil fuel investments.

The Rockefeller Brothers Fund pledged Monday to divest itself of investments in coal and tar sands, promising to reduce that exposure to less than 1% of the total portfolio by year's end.

The announcement comes one day before the United Nations General Assembly meets in New York to take on the subject of climate control.

The fund is worth $860 million.

Read more: http://money.cnn.com/2014/09/22/news/rockefeller-fossil-fuels/index.html?hpt=hp_t2

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Here's something to make you smile.

[shenmue]

1. Ha!

Good move!

[CJCRANE]

2. Quit while you're ahead.

[marble falls]

3. This should mean something to the drill-baby-drillers. Even that no good crook T Boone Pickens ....

has wind farms. How about concessions to oil leases taken out of production and used as wind farms? Or photo electric arrays? Or alternative crops suitable for energy.