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September 23, 2014

Rockefeller Heirs Cite "Moral Imperative" to Divest from Fossil Fuels 
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The heirs of Standard Oil tycoon John D. Rockefeller have formally
announced plans to purge their $860 million foundation of fossil fuel
investments. At a news conference Monday, Stephen Heintz, president of
the Rockefeller Brothers Fund, explained why Rockefeller's heirs were
moved to join the growing movement to divest.

Stephen Heintz: "The diversity of the people who were involved in this
from every sector, from every walk of life, communities of just
extraordinary diversity all across the country, tells me that this is
getting to be more mainstream, which is very, very exciting. And the
other thing is that it's clear that there's a moral imperative here. But
there's also an economic opportunity embedded in this, which gives
people something positive to do."

 

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