Posted on 07/26/2022 7:41:00 AM PDT by Oldeconomybuyer
NEW YORK (AP) — The Rockefeller Foundation, created with wealth generated from the oil industry more than a century ago, plans to make the fight against climate change central to all of its work, including its operations and investments.
In a public letter released Tuesday, foundation president, Dr. Rajiv J. Shah, acknowledged the “irony” that his organization’s founder John D. Rockefeller “made his fortune by fueling a growing United States with carbon.”
Speaking to The Associated Press in advance of the announcement, Shah said that all institutions that benefited from the development driven by fossil fuels have a responsibility to battle climate change.
“Obviously, an institution like the Rockefeller Foundation has an even higher level of responsibility because we’re an even bigger beneficiary of that process,” he said. The Rockefeller Foundation funds part of The Associated Press’ coverage of climate change.
The commitment builds on the foundation’s decision to divest its more than $6 billion endowment from fossil fuels starting in 2020, though it still has what Shah called negligible exposure. The foundation also partnered with the Ikea Foundation and the Bezos Earth Fund to launch an international consortium to accelerate the transition to renewable energy, with all three nonprofits giving $500 million. The consortium has since raised around $10 billion in additional funds, the foundation said.
(Excerpt) Read more at apnews.com ...
Reads like a commercial promoting raising fuel prices
It’s time to tax these foundations. Pay them back in their own coin by making it retroactive to their founding.
Instead of fighting why don’t they openly debate their man made climate change beliefs?
We have a winner! Never let a crisis interfere with excessive price gouging!!
It didn’t say that theses companies were giving up their personal and corporate jets and mandating that all Travel, business or personal, exclusively use public mass transit?? I wonder why?
The only response from the Rockefellers should be their mass suicide for destroying Mother Earf.
A key question is, what charitable or humanitarian work do these foundations do? I don’t know the answer to that. The presumption is that charitable organizations are doing charitable work. I don’t know what the Rock or others really do.
Truth in advertising should definitely happen. For example, what about the Clinton Foundation? What exactly do they do, and why are they allowed to be a tax exempt charity? I don’t know exactly what charitable humanitarian activities they perform. I’ve heard some negatives, such as how the Clintons pay themselves big salaries for running their family charity. I hope something else comes out of that organization, as they spend the hard earned money people donate to the Clintons.
So - The Rockefeller heirs will sell all of their shares in Exxon [Standard Oil of NJ] and Chevron? Sure...
The Rockefeller Foundation thinks it’s God or a Planet and can control climate ,LOL
Who caused the global warming 20,000 some years ago which melted all those miles high glaciers on top of where Chicago sits now?
Facts are Sun is MILLION times bigger than earth. And man is so puny even compared to the puny earth, astronauts in orbit can not see any man made objects during daylight.
This “man made climate change” is a big hoax. Climate changes due to cyclical Sun activity, not SUV’s burning gasoline.
Conquest’s Second Law of Politics, vindicated again.
https://threadsirish.substack.com/p/did-you-know-that-on-july-28-2020
https://www.rockefellerfoundation.org/wp-content/uploads/2020/07/RF-FoodPolicyPaper_Final2.pdf
Transform eh?
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