Published on Sep 22, 2014
http://www.democracynow.org – In major climate divestment news, the Rockefeller family, which made their vast fortune on oil, has announced it will begin divesting from fossil fuel companies. The heirs of Standard Oil tycoon John D. Rockefeller are joining a growing movement of institutions and wealthy individuals who are pledging to divest from oil, coal and natural gas companies. We speak to Scott Wallace, co-chair of the Wallace Global Fund, which has coordinated the Divest-Invest effort. He is the grandson of Henry Wallace, who served as Franklin D. Roosevelt’s vice president and ran for president in 1948 on the Progressive Party ticket.
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See also: Rockefellers, Heirs to an Oil Fortune, Will Divest Charity of Fossil Fuels | Divest Harvard September 22, 2014