In 2014 a startling announcement came from the heirs to the Rockefeller oil fortune that made headlines around the world. Through their philanthropic organization 'The Rockefeller Brothers Fund', they announced that they would be divesting their entire $860 million dollar charitable trust from fossil fuel related holdings.
The announcement marked a major turning point in the divestment movement, which suddenly saw itself catapulted into the mainstream. After all, if the descendants of the money that came from Standard Oil and Exxon thought divestment was the right thing to do, was it really such a radical idea? During COP21, we caught up with Stephen Heintz, the president of the Rockefeller Brothers Fund to talk to him about the fund's daring decision to divest (especially so early on), why they made it, and his thoughts on how the divestment movement has been growing in the time since.
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