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Rockefeller Family Fund to Divest From ExxonMobil, Says Oil Giant Is 'Morally Reprehensible' @Alternet

Business  (tags: climate-change, ecosystems, endangered, energy, environment, habitat, Sustainabililty, nature, humans, corporate, finance, investments, ethics )

- 1088 days ago -
'There is no sane rationale for companies to continue to explore for new sources of hydrocarbons''


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Roger G (148)
Friday March 25, 2016, 1:47 pm
this family has always been knowing when to shift investments from unsafe to safe havens, this is just a later example of doing what is good for your fortune and good for the world.. there are investors who are caring for both, it is not impossible to find a few examples...

Kathleen M (210)
Friday March 25, 2016, 2:35 pm
Gleefully noted! Thanks for sharing, Wilde. Hope Exxon (and the rest of the Big Oil companies) get the Book thrown at them!

Marcella T (0)
Friday March 25, 2016, 3:31 pm
"There is no sane rationale for companies to continue to explore for new sources of hydrocarbons" - Thank you for spreading the word.

Rose Becke (141)
Friday March 25, 2016, 6:34 pm
So do I kathleen

Past Member (0)
Friday March 25, 2016, 7:53 pm
Is Satan getting mellow? Does he think the 1% are tarnishing his name? This is sure an odd piece of news--and I'll try to believe it is sincere and a step in the direction of attempting to save what's left of Earth and all living. Thanks Wilde.

Past Member (0)
Sunday March 27, 2016, 6:59 am
Something sustainable, please

Colleen L (3)
Sunday March 27, 2016, 1:22 pm
Agree with others. Wish people who only believe in greed would disappear from our planet. Thanks Wilde

Richard S (0)
Sunday March 27, 2016, 1:24 pm
There is a certain irony to the descendants of a man, John D. Rockefeller, who was absolutely, unequivocally, morally reprehensible;using that term and then divesting themselves from the root of the family fortune, oil..

Lois Jordan (63)
Sunday March 27, 2016, 1:24 pm
Noted. Thanks, Wilde.
Well, the article states this would be "effective immediately." (Might've been smarter to divest when oil was selling higher). So, this is kind of surprising, since oil has recently dropped quite low. But, it is good news.

Birgit W (160)
Sunday March 27, 2016, 2:33 pm
Thanks for sharing.

Roro l (0)
Sunday March 27, 2016, 2:39 pm

Kate K (215)
Sunday March 27, 2016, 3:20 pm
This is not the fund with all the money though. I heard this on the radio yesterday and I am gal for this at least but it is not the big money being divested as there are Rockefellers who do not agree with this.

Melania P (123)
Tuesday March 29, 2016, 10:47 am
Mmmm I hope this is true....

Wilde Thange (10)
Tuesday March 29, 2016, 11:11 am
True there are Rockefellers and then there are Rockegallers...
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