The World is Definitely Changing
Last week, the Rockefeller Brothers Fund, who made their fortune in the oil business, announced their intention to pull out of the traditional energy sector, and invest their capital in renewable energy initiatives. They are beginning by walking away from their investments in companies that rely on the most carbon intensive of fuels, such as coal and the oil sands. They are one of many individuals and institutions to make this substantial decision in recent the months, leading up to the climate change summit at the UN in New York City.
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