© 2023 | Jefferson Public Radio
Southern Oregon University
1250 Siskiyou Blvd.
Ashland, OR 97520
541.552.6301 | 800.782.6191
KSOR Header background image 1
a service of Southern Oregon University
Play Live Radio
Next Up:
Available On Air Stations

Rockefeller Family Fund Divests In Fossil Fuels

The Rockefeller Family Fund has announced that it’s divesting from investments in fossil fuels and eliminating its holdings of Exxon Mobil Corp.

A statement on the Rockefeller Family Fund website cites “morally reprehensible” conduct on the part of Exxon Mobil:

Evidence appears to suggest that the company worked since the 1980s to confuse the public about climate change’s march, while simultaneously spending millions to fortify its own infrastructure against climate change’s destructive consequences and track new exploration opportunities as the Arctic’s ice receded.

This change is significant because the Rockefeller family founded Standard Oil, and has a long history of profiting from the oil industry. Here & Now’s Meghna Chakrabarti talks to Ali Velshi of Al Jazeera America.


Copyright 2020 NPR. To see more, visit https://www.npr.org.