Is the Rockefeller family really getting out of oil?

Image: Jon Excell

theengineer.co.uk - September 24th, 2014 - Jon Excell

There’s no doubt that the decision by the $860 million Rockefeller Brothers Fund to reinvest its fossil fuel money in clean energy represents a pretty symbolic moment.

John D Rockefeller – who founded Standard Oil in 1870  – is one of the towering figures; some would argue the father, of the international oil industry. So the news that a charitable fund bearing his name is turning its back on the stuff that made the family fortune was always going to raise a few eyebrows.

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