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Rockefeller Family Fund divests from fossil fuels, which built family's fortune
2016-03-24 07:08:00| Climate Ark Climate Change & Global Warming Newsfeed
Age: The Rockefeller Family Fund has said that it will divest from fossil fuels as quickly as possible and "eliminate holdings" of Exxon Mobil Corp, saying the oil company associated with the family fortune has misled the public about climate change risks. Though only a sliver of the endowment's modest $US130 million ($171 million) in assets is invested in fossil fuels, the move is notable because a century ago John D. Rockefeller snr made a fortune running Standard Oil, a precursor to Exxon Mobil....
Tags: family
built
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fortune
Extract dividends and value from oil stocks - fund manager
2016-03-24 06:17:31| Oil & Gas - Topix.net
Oil stocks offer good value and dividends, says Dan Neiman of Neiman Funds Management. He has been adding Chevron, ExxonMobil, and Valero to his portfolio.
Rockefeller Fund to Cut Exxon Holdings on Climate-Change Worries
2016-03-24 01:50:28| Energy - Topix.net
The Rockefeller Family Fund said on Wednesday it will divest from fossil fuels as quickly as possible and "eliminate holdings" of Exxon Mobil Corp., saying the oil company associated with the family fortune has misled the public about climate change risks. The U.S.-based charity will also divest its coal and Canadian oil sands holdings.
Tags: cut
fund
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worries
Australia launches $762m fund to invest in renewable technologies
2016-03-24 01:00:00| Power Technology
The Australian Government has launched the A$1bn ($762m) Clean Energy Innovation Fund (CEIF) to invest in clean and renewable technologies for commercial deployment.
Tags: australia
technologies
fund
invest
Rockefeller Fund to Cut Exxon Holdings on Climate-Change Worries
2016-03-23 21:37:15| Oil & Gas - Topix.net
The Rockefeller Family Fund said on Wednesday it will divest from fossil fuels as quickly as possible and "eliminate holdings" of Exxon Mobil Corp., saying the oil company associated with the family fortune has misled the public about climate change risks. The U.S.-based charity will also divest its coal and Canadian oil sands holdings.
Tags: cut
fund
holdings
worries
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