Rockefeller Brothers Fund to Sell Fossil Fuel Assets

Rockefeller Brothers Fund to Sell Fossil Fuel Assets

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Business, Social Studies, Biology

University

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The Rockefeller Brothers Fund, originally funded by an oil fortune, is divesting from fossil fuels. This decision, reported by the New York Times, aligns with a broader movement among universities, pension funds, and wealthy individuals to sell investments tied to fossil fuel companies. The announcement coincides with the UN climate change summit in New York, highlighting the Fund's $860 million in assets and its commitment to addressing climate change.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary source of the Rockefeller Brothers Fund's wealth?

Real estate

Oil fortune

Technology investments

Pharmaceuticals

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What significant event coincides with the Rockefeller Fund's divestment announcement?

World Economic Forum

G20 Summit

NATO Conference

United Nations climate change summit

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much in assets does the Rockefeller Fund have?

$750 million

$1 billion

$860 million

$500 million

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which groups have pledged to divest from fossil fuel companies along with the Rockefeller Fund?

Tech startups

Government agencies

Universities, pension funds, and wealthy individuals

Non-profit organizations

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main focus of the Rockefeller Fund's recent financial strategy?

Funding new technology startups

Investing in renewable energy

Divesting from fossil fuels

Expanding oil investments