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Rockefellers ditching $50bn in Fossil Fuel assets in favour of Clean Enery

 
Yakusheva
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09/23/2014 03:47 AM
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Rockefellers ditching $50bn in Fossil Fuel assets in favour of Clean Enery
[link to www.bbc.co.uk]

Heirs to the Rockefeller family, which made its vast fortune from oil, are to sell investments in fossil fuels and reinvest in clean energy, reports say.

The Rockefeller Brothers Fund is joining a coalition of philanthropists pledging to rid themselves of more than $50bn (£31bn) in fossil fuel assets.

The announcement was made on Monday, a day before the UN climate change summit opens on Tuesday.

Last Edited by Yakusheva on 09/23/2014 03:47 AM
Yakusheva
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09/23/2014 04:59 AM
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Re: Rockefellers ditching $50bn in Fossil Fuel assets in favour of Clean Enery
Good?
Anonymous Coward
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09/23/2014 05:07 AM
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Re: Rockefellers ditching $50bn in Fossil Fuel assets in favour of Clean Enery
Spend a few centuries ruining then planet, THEN do what you should have done way back when it was first discovered. I wonder what made them change?
Anonymous Coward
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09/23/2014 05:26 AM
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Re: Rockefellers ditching $50bn in Fossil Fuel assets in favour of Clean Enery
something is up
Anonymous Coward
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09/23/2014 05:29 AM
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Re: Rockefellers ditching $50bn in Fossil Fuel assets in favour of Clean Enery
It's a start.
Anonymous Coward
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09/23/2014 05:35 AM
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Re: Rockefellers ditching $50bn in Fossil Fuel assets in favour of Clean Enery
they probably own the patents for several "clean" energy methods that they've bought out and suppressed for years, and now transitioning from oil to this to continue their empire. business wise its smart.
Yakusheva  (OP)

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09/23/2014 08:08 AM
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Re: Rockefellers ditching $50bn in Fossil Fuel assets in favour of Clean Enery
bump
Yakusheva
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09/23/2014 08:12 AM
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Re: Rockefellers ditching $50bn in Fossil Fuel assets in favour of Clean Enery
The Rockefellers have a plan to own all forms of energy
Anonymous Coward
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09/23/2014 08:42 AM
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Re: Rockefellers ditching $50bn in Fossil Fuel assets in favour of Clean Enery
they dont give a fluck about renewables. they know oil is headed to $1 a barrel.

its coming down.
all of it.
Anonymous Coward
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09/23/2014 02:40 PM
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Re: Rockefellers ditching $50bn in Fossil Fuel assets in favour of Clean Enery
something is up
 Quoting: Anonymous Coward 30148978


hesright
Anonymous Coward
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09/23/2014 02:51 PM
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Re: Rockefellers ditching $50bn in Fossil Fuel assets in favour of Clean Enery
Translation:

They are laundering their assets into evermore losing green initiatives. Stock holders won't dare question all the losses because that means that hate mother Gaia and want the Earth polluted (Same crap straw man pulled on conservatives and Republicans to funnel cash to their secret destinations)

Green initiatives are money laundering schemes. None of them have ever worked long term [LONG TERM!]
Anonymous Coward
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09/23/2014 03:11 PM
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Re: Rockefellers ditching $50bn in Fossil Fuel assets in favour of Clean Enery
they dont give a fluck about renewables. they know oil is headed to $1 a barrel.

its coming down.
all of it.
 Quoting: Anonymous Coward 63135257


know nothing moron. The Rockefellers have been trying to push exxon into clean energy for over two decades at least.
Anonymous Coward
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09/23/2014 08:32 PM
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Re: Rockefellers ditching $50bn in Fossil Fuel assets in favour of Clean Enery
The pressure is on to release the Free Energy; which they have no intention of doing until they have complete control over all systems and a way to charge us for it all in the way of fees, licenses, permits, etc.

NO 'Free' Energy for Anyone as long as they are on the planet.
Rufus Juice

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10/03/2014 10:45 PM
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Re: Rockefellers ditching $50bn in Fossil Fuel assets in favour of Clean Enery
they dont give a fluck about renewables. they know oil is headed to $1 a barrel.

its coming down.
all of it.
 Quoting: Anonymous Coward 63135257


know nothing moron. The Rockefellers have been trying to push exxon into clean energy for over two decades at least.
 Quoting: Anonymous Coward 63167361


oil $$ is not coming back.

The Rockefeller move is the equivalent of "too big to fail." They are "too rich to be poor / lose money"

they walked through the exit door because this knew where this was going - rumors of a rebound aren't going to happen.

they have sold high ~ watch them. They will buy again ~ that will be the REAL bottom or close to it.
"When the power of love overcomes the love of power the world will know peace" Jimi Hendrix





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