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Rockefeller Family Fund Divesting from Fossil Fuels, Slams Exxon

HeadlineMar 25, 2016

The Rockefeller Family Fund has announced it is divesting from fossil fuels, starting with its holdings of ExxonMobil. The fund said that given the realities of climate change, “There is no sane rationale for companies to continue to explore for new sources of hydrocarbons.” The family fund singled out Exxon, criticizing the company of “morally reprehensible conduct” for lying to investors and the public about its knowledge of climate change.

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